Private equity group Advent International will have a stake of 11.4% and China's Alibaba 6.1% in Dufry after a capital increase that raised 820 million Swiss francs ($901 million), the Swiss duty free company said on Tuesday.
China's top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering (IPO) next year, people with knowledge of the matter said, rethinking previous aims to list in New York amid rising Sino-U.S. tension.
China's top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering (IPO) next year, people with knowledge of the matter said, rethinking previous aims to list in New York amid rising Sino-U.S. tension.
In this episode of Motley Fool Answers, Alison Southwick is joined by Certified Financial Planner Robert Brokamp of The Motley Fool to bring you some tips and tricks to get the most out of your 401(k) contributions. Alison begins the show with a fun trivia game with Robert playin
Pinduoduo (NASDAQ: PDD), a leading e-commerce company in China, is one of the most successful IPOs in recent years. Since its market debut in 2018, its share price has more than quadrupled, thanks to the strong underlying business performance as well as the favorable investor sen
China's Ant Group Co Ltd [IPO-ANTG.HK] has won approval from the Hong Kong stock exchange for the offshore leg of its IPO, two sources said, clearing the last key regulatory hurdle to launch its dual-listing expected to be worth about $35 billion.
China's Ant Group Co Ltd [IPO-ANTG.HK] has won approval from the Hong Kong stock exchange for the offshore leg of its IPO, two sources said, clearing the last key regulatory hurdle to launch its dual-listing expected to be worth about $35 billion.
China's experimental $1.5 million giveaway of digital yuan to Shenzhen citizens ended on Sunday with acclaim from currency analysts - and scepticism from some users saying they preferred existing shopping tools like the ubiquitous Alipay app.
China's Ant Group has received approval from the Chinese securities regulator for the Hong Kong leg of its about $35 billion dual-listing, a person with knowledge of the matter said on Monday.
(RTTNews) - Alibaba Group Holding Limited (BABA) said that it will invest about $3.6 billion in a Chinese hypermarket and supermarket operator Sun Art Retail Group that will raise its direct and indirect stake to about 72%.As part of the deal, Alibaba will acquire 70.94% of stake
Shares of Sun Art Retail Group Ltd soared more than 20% at the open on Monday after Alibaba Group Holdings said it will take control of China's hypermarket chain operator.
Alibaba Group Holdings said on Monday it will invest $3.6 billion to boost its stake in hypermarket operator Sun Art Retail Group Ltd, gaining further ground in China's booming retail market.
China's securities regulator has approved financial tech firm Ant Group's Hong Kong leg of a planned dual-listing worth up to $30 billion, IFR reported on Monday citing unnamed people familiar with the matter.
Stocks have widely recovered from the coronavirus pandemic, with the S&P 500 back near all-time highs. Big names like Amazon helped lead the rally -- but now boast massive valuations that signal the market is getting pricy. Alibaba (NYSE: BABA) is a good alternative for value
Stocks have widely recovered from the coronavirus pandemic, with the S&P 500 back near all-time highs. Big names like Amazon helped lead the rally -- but now boast massive valuations that signal the market is getting pricy. Alibaba (NYSE: BABA) is a good alternative for value
As Ant Group was working in August towards its giant IPO, at least two smaller Chinese banks with existing ties to the fintech firm decided to stop sourcing new consumer loans from it, people with knowledge of the matter said.
China said on Thursday the United States was abusing the concept of national security to oppress foreign companies, following reports that Washington may blacklist Chinese financial technology firm Ant Group.
As Ant Group was working in August towards its giant IPO, at least two smaller Chinese banks with existing ties to the fintech firm decided to stop sourcing new consumer loans from it, people with knowledge of the matter said.
Taobao Taiwan shut its e-commerce site on Thursday after the government ordered the firm to re-register as China-backed or leave the island in a drive to step up scrutiny of Chinese firms amid rising tension with Beijing.
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