U.S. asset manager Vanguard Group said on Wednesday it will close its operations in Hong Kong and Japan and exit Hong Kong exchange-traded funds, citing unsupportive "industry dynamics".
Ant Group, the Chinese financial technology giant backed by Alibaba Group, gave the public a first look at its financial health on Tuesday when its filed for a dual listing in Hong Kong and Shanghai in what is potentially the world's largest IPO.[nL4N2FR2H1]
Chinese electric vehicle maker Xpeng could raise as much as $1.275 billion from its U.S. initial public offering (IPO) after flagging that its shares would be priced at $15, two sources with direct knowledge of the matter said.
Ant Group's planned sale of up to $30 billion worth of shares is set to revive fortunes for Hong Kong Exchanges and Clearing Ltd (HKEX) which fell to fifth rank as a destination for initial public offerings (IPOs) in the first half of 2020.
With chat groups, video streams and low prices for foundation, China's Perfect Diary has emerged from nowhere four years ago to become a cosmetics giant for the digital age, trailing only L'Oreal and LVMH in the world's no. 2 market for make-up.
Ant Group, Alibaba's fintech arm and China's dominant mobile payments firm, filed for a dual listing in Hong Kong and on Shanghai's Nasdaq-style STAR Market on Tuesday and could raise as much as $30 billion in what would be the world's largest IPO.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Pinduoduo's (NASDAQ: PDD) stock recently tumbled after the Chinese e-commerce company posted mixed second-quarter earnings. Its revenue rose 67% annually to 12.19 billion yuan ($1.73 billion), but missed estimates by $10 million. Its non-GAAP net loss narrowed from 411.3 million
Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD), the two largest e-commerce companies in China, both recently posted earnings reports that dazzled investors.
As the United States steps up its campaign to block China from acquiring key technological know-how, the winding journey of a pioneering Silicon Valley computer chip firm is showing just how tough a task that can be.
Ant Group, Alibaba's fintech arm and China's dominant mobile payments firm, filed on Tuesday for a dual listing in Hong Kong and on Shanghai's Nasdaq-style STAR Market which could raise as much as $30 billion and become the world's largest IPO ever.
Ant Group, Alibaba's fintech arm and China's dominant mobile payments firm, on Tuesday filed for a dual listing in Hong Kong and on Shanghai's Nasdaq-style STAR Market which could raise as much as $30 billion and become the world's largest IPO ever.
Taiwan will not allow Chinese companies to "pull a fast one" by using indirect methods to bypass rules and regulations to operate in the island's market, Premier Su Tseng-chang said on Tuesday.
A gauge of global equity markets raced toward a record high on Monday in a rally that lifted the S&P 500 and Nasdaq to all-time peaks and buoyed the dollar as hopes for coronavirus treatments bolstered risk appetite.
A gauge of global equity markets neared a record high on Monday, as coronavirus treatment hopes bolstered risk appetite and lifted the S&P 500 and Nasdaq to all-time peaks, which buoyed the dollar.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Investors in Alibaba Group Holding Ltd (Symbol: BABA) saw new options become available today, for the August 2021 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 361 days until expiration the newly
The dollar slid but a gauge of global equity markets advanced on Monday, driven by coronavirus treatment hopes that bolstered risk sentiment and lifted the S&P 500 and Nasdaq to all-time peaks.