Asian stocks were mostly higher on Thursday after mixed gains on Wall Street following mixed economics reports. Benchmarks rose in Tokyo, Hong Kong and Sydney. China’s market regulator says it has launched an anti-monopoly probe into e-commerce giant Alibaba Group 9988, after shares in Shanghai fell. -8.13% Baba, + 0.14%, …
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Alibaba Group Holdings Ltd. to enter the front of the New York Stock Exchange on November 11, 2015. Brendan McDermide | Reuters GUANGZHOU, China – China’s market regulator has fined Alibaba and Tencent-backed companies for failing to properly declare past acquisitions to officials, in another sign Beijing is taking a …
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The Ant Group logo and the Alibaba Group logo are displayed at the company’s headquarters in Hangzhou, China. Kilai Shen | Bloomberg | Getty Images Ant Group will raise 34 34.5 billion in its dual initial public offering (IPO) after setting its share price on Monday, making it the largest …
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Wang Dingchang | Xinhua | Getty Images As per the prices set on Friday night, the huge double listing for Chinese fintech giant Ant Group will be the largest in the world, Alibaba founder Jack Mae said on Saturday. “It’s the first time that the price of such a large …
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GUANGZHOU, China – Ant Group has approved the final regulatory hurdle for its large initial public offering fringe (IPO), its share price will be issued next week. On Wednesday, the China Securities Regulatory Commission gave the green light to Ant Group’s list of Shanghai and Hong Kong. It was then …
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