Category: Shanghai News

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….


China Suspends Jack Ma’s Ant Group Shanghai IPO After Warning

China has suspended the Shanghai leg of Ant Group Co.’s $35 billion offering, potentially derailing the world’s biggest initial public offering….


Investigation Report on China’s Rituximab Market, 2020-2024 Featuring Genentech, Roche, Shanghai Henlius Biotech – ResearchAndMarkets.com

By the end of 2018, there has been no China-made Rituximab on the market, and the market is monopolized by the products of Roche and its subsidiary Genentech. However, starting in 2019 ……


China reports 49 new coronavirus cases, conducting mass testing in Xinjiang

China reported 49 new COVID-19 cases for Nov. 2, up from 24 a day earlier, the national health authority reported on Tuesday….


China’s Ant expected to double on debut amid pent-up retail demand: fund managers

China’s Ant Group is expected to double its market value on debut, as unmet demand from mom-and-pop investors and an impending inclusion in major global indexes could offset worries about tighter ……


China shares end higher, boosted by financial, material stocks

Chinese shares ended higher on Tuesday, led by gains in material and financial stocks, as investors bet more on a swift economic recovery from the pandemic and upbeat sales outlook for new energy cars ……


China Envisions a New Hong Kong, Firmly Under Its Control

The government hopes to turn Hainan Island into a financial and shopping destination. Matching the former British colony won’t be easy….


Material, financial stocks boost China shares; Hong Kong up

Shanghai Connect daily quota used 5.5%, Shanghai->HK daily quota used 5.9% * FTSE China A50 +1.1% BEIJING/SHANGHAI, Nov 3 (Reuters) – Chinese shares rose on Tuesday, led by gains in blue-chip ……


Man guilty in scheme to ship military boats to China

A Chinese man has been convicted in Florida in a scheme to buy and ship inflatable military boats from the United States to China. Ge Songtao, 50, pleaded guilty Monday in Jacksonville federal court ……


Analysis: Fin or tech? China’s Ant, biggest-ever IPO, says it’s a tech firm not a bank

China’s Ant Group , about to make the biggest public sale of shares ever, poses a basic conundrum: what kind of company is it – a financial colossus or a tech giant? A spinoff from billionaire Jack Ma ……