The Hong Kong stock market has moved higher in two straight sessions, gaining more than 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 24,940-point plateau and ... ( read original story ...)
China Halts Ant Group’s IPO, Throwing Ma Empire Into Turmoil
It was heralded as China’s answer to JPMorgan -- a homegrown financial giant on the cusp of the biggest stock-market debut the world has ever seen. ( read original story ...)
Ant Group suspends Hong Kong and Shanghai IPOs following Chinese regulatory disapproval
The Shanghai stock exchange has halted Ant Group's IPO, which was set to go ahead this week, after finding that it may not meet regulatory requirements from talking with the company's top executives. ( read original story ...)
Ant Group’s record $34.5B IPO has been delayed in Shanghai and Hong Kong, here’s why
Ant Group was supposed to list the biggest IPO in history on Thursday, but plans have been canceled. CNBC's Eunice Yoon reports why and what's next. ( read original story ...)
Why Ant Group’s IPO was suspended in Hong Kong and Shanghai
Ant Group’s blockbuster IPO was poised to be a major milestone for a homegrown champion. But officials in Beijing have had other ideas. The Shanghai Stock Exchange announced late on Tuesday (Nov. 3) ... ( read original story ...)
China Stops Jack Ma’s $35 Billion Ant IPO From Going Ahead
China halted Ant Group Co.’s $35 billion share sale, shocking investors who’d lined up for a piece of what was expected to be the world’s biggest initial public offering. ( read original story ...)
Ant’s Record IPO Suspended in Shanghai and Hong Kong Stock Exchanges
China called a sudden halt to the world’s biggest initial public offering, casting uncertainty over the future of fintech giant Ant Group and delivering an extraordinary rebuke to its controlling ... ( read original story ...)
Ant Group’s record $34.5 billion IPO suspended in Shanghai and Hong Kong a day after Jack Ma met with China regulators
A supervisory meeting and changes in regulatory technology environment have disqualified Ant Group from listing on the exchange. ( read original story ...)
Hong Kong short sellers foiled by calm October now wait for US election slump for payoff
Short sellers are hoping to thrive in a market gripped by anxieties surrounding the US election outcome. Bets against technology companies failed in October after some of them reached record highs. ( read original story ...)
China Market Update: Ant IPO Delay – Key Considerations
Ant Group’s Shanghai and Hong Kong IPOs have been postponed. This past weekend Jack Ma made several remarks about financial regulators and banks stifling financial innovation at the Bund Summit. ( read original story ...)
Ant Group IPO Suspended in Hong Kong And Shanghai; Alibaba Shares Slump
Shanghai Stocks Exchange officials have suspended Ant Group's $37 billion IPO, the biggest on record, following changes to the digital payment company's information filing. ( read original story ...)
Hong Kong reverses course on cryptocurrencies with retail ban
Hong Kong looks to stop retail investors from buying and selling cryptocurrencies, as well as require operators of exchanges for such trading to be licensed. The city said the move would bring its ... ( read original story ...)
Market debut of Chinese e-finance giant Ant postponed
The planned stock market debut of the world's biggest online finance company, Ant Financial was suspended in Shanghai and Hong Kong, disrupting a record-setting $34.5 billion initial public offering ... ( read original story ...)
HSBC announces completion of a pilot digital trade finance transaction
HSBC Hong Kong completed a pilot digital trade finance transaction for Smart Chain whose ERP system has been integrated with eTradeConnect. ( read original story ...)