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Tag: ipo

Posted on 22/07/2020

HSBC ‘spying on clients for Hong Kong protest links’

HSBC is among banks that are said to have been scrutinising whether their customers in Hong Kong have links with the territory’s democracy movement.Several big banks with wealth management operations ... ( read original story ...)

Posted on 22/07/2020

China Market Update – Is Didi Chuxing, China’s Uber Slayer, Joining The Hong Kong IPO Hit Parade?

Asian equities had a strong session thanks to positive coverage of vaccine trials and a rally in US technology. Ant Group’s IPO news came out after the close in Hong Kong on Monday, which meant that ... ( read original story ...)

Posted on 21/07/2020

Alibaba’s Ant Group plans Shanghai, Hong Kong IPOs

Alibaba Group has kicked off IPO proceedings for its mobile payment business, Ant Group, in Hong Kong and Shanghai, where it reportedly is eyeing a $200 billion valuation. The listings are touted, ... ( read original story ...)

Posted on 21/07/2020

Hong Kong stocks head for biggest gain in two weeks following Ant Group’s listing

Tech stocks led the charge in Hong Kong after Ant Group, which operates the Alipay online payment platform for the world’s largest e-commerce company, moved to dual list in city and mainland, and Hang ... ( read original story ...)

Posted on 21/07/2020

Jack Ma’s Ant Group chooses Hong Kong and Shanghai for IPO

One of China's biggest tech firms has chosen to stay home for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny because of rising geopolitical tensions. ( read original story ...)

Posted on 21/07/2020

Company shuns Wall Street IPO amid US-China tensions

One of China's biggest tech firms Ant Group announced that it has chosen Hong Kong and Shanghai for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny ... ( read original story ...)

Posted on 21/07/2020

Hongkong banking, postal, and Inland Revenue services reduced starting July 20

The government has announced new measures effective from today, July 20, that affect Hong Kong’s postal service ... Other facilities like banks which include HSBC, Standard Chartered, Bank of China, ... ( read original story ...)

Posted on 21/07/2020

UK will ‘bear the consequences’ for Hong Kong decision, China warns

Ambassador to London calls extradition treaty suspension ‘blatant’ interference in Chinese affairs and a contravention of international law ... ( read original story ...)

Posted on 21/07/2020

Jack Ma’s newest venture is planning a $200 billion IPO — and it could be the largest public offering in history

Ant Group's public offering would bypass a New York listing as tensions rise between the US and China. ( read original story ...)

Posted on 21/07/2020

Jack Ma’s fintech Ant Group is planning a massive dual-listing IPO in Shanghai and Hong Kong, skipping New York

One beneficiary of the Ant IPO? Jack Ma's Alibaba, which acquired a 33% stake in the fintech company in 2019 after spinning it off years earlier. ( read original story ...)

Posted on 20/07/2020

Jack Ma’s Ant Financial chooses Hong Kong and Shanghai for IPO

One of China's biggest tech firms has chosen to stay home for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny because of rising geopolitical tensions. ( read original story ...)

Posted on 20/07/2020

Ant Group Is Said to Pick Banks for $10 Billion Hong Kong IPO

Ant Group, the parent of China’s largest mobile payment company, has picked China International Capital Corp., Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley for its Hong Kong initial public ... ( read original story ...)

Posted on 20/07/2020

Alibaba’s Ant Group Starts Concurrent IPO Process in Shanghai, Hong Kong

Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, said on Monday that it had started the process of a concurrent initial public offering on Shanghai's Nasdaq-style Star Market and the ... ( read original story ...)

Posted on 20/07/2020

Jack Ma’s Ant Group Plans Dual IPOs in Shanghai, Hong Kong

Ant Group, the Chinese technology and financial-services giant that owns popular mobile-payments network Alipay, said it is planning concurrent initial public offerings in Hong Kong and Shanghai as it ... ( read original story ...)

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