Saudi Arabia's sovereign fund PIF is weighing a potential investment in the initial public offering of Chinese financial technology firm Ant Group, two sources familiar with the matter said.
The NASDAQ 100 Pre-Market Indicator is up 78.76 to 11,474.61. The total Pre-Market volume is currently 16,219,927 shares traded.The following are the most active stocks for the pre-market session: Tesla, Inc. (TSLA) is +19.1499 at $385.43, with 2,048,110 shares traded. TSLA's cu
Chinese financial technology firm Ant Group's application for a local IPO on a Nasdaq-style market will be reviewed on Sept. 18, the Shanghai stock exchange said on Wednesday, bringing the company closer to its up to $30 billion dual-listing.
Chinese financial technology firm Ant Group's application for a local IPO on a Nasdaq-style market will be reviewed on Sept. 18, the Shanghai stock exchange said on Wednesday, bringing the company closer to its up to $30 billion dual-listing.
The Shanghai stock exchange said on Wednesday that it would review the listing of Chinese financial technology firm Ant Group on the local STAR Market on Sept. 18.
Thailand's JD Central plans to expand infrastructure and technology to support sellers after the coronavirus pandemic has boosted sales at the e-commerce platform, its chief executive said on Wednesday.
Chinese tech giant Baidu is in talks with investors to raise up to $2 billion over three years for a biotech startup, which will use AI technology to discover new drugs and diagnose diseases, a person with direct knowledge of the matter said.
What happened
Shares of Alibaba (NYSE: BABA) rose 14.4% in August 2020, according to data from S&P Global Market Intelligence. The Chinese e-commerce giant was off to a rough start due to American government actions against Chinese companies, but that damage was forgotten wh
Singapore state investor Temasek Holdings said on Tuesday that the global economic outlook remained volatile, with the coronavirus crisis and geopolitical tensions creating significant uncertainties in the near term.
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's mammoth initial public offering of up to $30 billion, two people with direct knowledge of the matter said.
ByteDance founder Zhang Yiming has long positioned himself as a global internet entrepreneur, largely eschewing Chinese government involvement, but U.S. demands to sell his crown jewel TikTok are testing the boundaries with Beijing.
ByteDance founder Zhang Yiming has long positioned himself as a global internet entrepreneur, largely eschewing Chinese government involvement, but U.S. demands to sell his crown jewel TikTok are testing the boundaries with Beijing.
Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's mammoth initial public offering of up to $30 billion, two people with direct knowledge of the matter said.
There are plenty of reasons to avoid Chinese stocks right now: The Chinese economy remains sluggish, the trade war remains unresolved, and a recently passed Senate bill could boot Chinese companies from U.S. exchanges if they don't comply with tighter regulations.
China's largest brokerage CITIC Securities is set to get an underwriter's role for the Shanghai tranche of financial technology firm Ant Group's up to $30 billion dual-listing, four people with knowledge of the matter said.
China's largest brokerage CITIC Securities is set to get an underwriter's role for the Shanghai tranche of financial technology firm Ant Group's up to $30 billion dual-listing, four people with knowledge of the matter said.
Reuters
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