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Chinese investors are pouring into newly-launched mutual funds targeting Ant Group's upcoming initial public offering, underscoring strong demand for technology shares at a time when Chinese tech firms are facing increasing U.S. scrutiny.

Chinese e-commerce is booming, and it's hard to ignore JD.com (NASDAQ: JD) when sizing up the strongest players in the world's most populous nation. JD.com bills itself as China's largest online retailer and its biggest overall retailer and internet company by revenue. 

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Chinese President Xi Jinping and the Communist Party's Central Committee recently introduced new plans that would enable the government to assert tighter controls over the private sector. These plans include over a hundred new measures that the CCP claims will redefine "socialis

As five Chinese mutual funds targeting Ant Group's hotly-anticipated IPO kicked off subscriptions on Friday, retail investors found the only non-direct channel through which to buy the products was online payment platform Alipay.

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Ant Group, owner of China's ubiquitous mobile payment app Alipay, launched a blockchain-powered platform for cross-border trade settlements on Friday, as it races to launch more technology products ahead of its blockbuster IPO.

The NASDAQ 100 After Hours Indicator is up .96 to 11,152.09. The total After hours volume is currently 108,516,046 shares traded.The following are the most active stocks for the after hours session: Apple Inc. (AAPL) is +0.78 at $109.00, with 7,148,468 shares traded. Over the la

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

China's Ant Group plans to raise about half of its $35 billion dual listing in Hong Kong and will not offer a cornerstone tranche as it bets on strong demand from institutional investors, sources said.

China's Ant Group plans to raise about half of its $35 billion dual listing via the Hong Kong leg, without setting up a cornerstone tranche and betting on strong demand from institutional investors even without lock-up commitments, sources said.

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Investors in China are betting on a bumpy ride until the end of the U.S. presidential election and seeking to protect their assets from a long chill in Sino-U.S. ties.

China's Ant Group submitted documents to the securities regulator for registration of the Shanghai portion of its IPO, the city's bourse said late on Tuesday, moving a step closer to a planned dual-listing expected to be worth about $35 billion.

The NASDAQ 100 After Hours Indicator is up 7.25 to 10,840.58. The total After hours volume is currently 114,065,294 shares traded.The following are the most active stocks for the after hours session: Tesla, Inc. (TSLA) is -29.15 at $395.08, with 11,076,155 shares traded. Over th

On Friday, Sept. 18, J.P. Morgan analyst Ken Goldman, along with research firm CFRA, downgraded Beyond Meat (NASDAQ: BYND) to a "sell" rating from "equal weight," sparking a sell-off in the stock, in sympathy with many high-growth technology names.

Baidu (NASDAQ: BIDU) and Alibaba (NYSE: BABA) are two of China's largest tech companies. Baidu owns the country's largest search engine, and Alibaba owns its top e-commerce marketplaces and cloud platform.

Investor Sequoia Capital China is raising at least 15 billion yuan ($2.2 billion) in a new yuan-denominated fund, people with knowledge of the matter said, building a war chest as the world's second-largest economy recovers from a virus-induced slump.