Xpeng Motors latest electric car is called the P7. Xpeng Motors Chinese startup electric car Xpeng Motors has filed for an initial public offering (IPO) on the New York Stock Exchange, according to an official statement. While the company did not disclose how many Class A common shares it would …
Read More »China search engine Sogou shares rebound after Tencent takeover bid
A man visits the Sogou booth on the first day of the China Digital Entertainment Expo & Conference (ChinaJoy) at the Shanghai New International Exhibition Center on August 2, 2019 in Shanghai, China. VCG | Visual China Group | fake pictures Shares of the Chinese search engine listed on the …
Read More »Hong Kong’s new technology index
Hong Kong’s new technology index increased on its second day of trading, as experts said its diverse list of components will be attractive to traders looking to invest across the sector. The Hang Seng Tech Index rose 2.64% as of 2:18 p.m. HK / SIN, outperforming the broader Hang Seng …
Read More »Alibaba’s Ant Group, reportedly valued at $ 200 billion, plans double IPO
Ant Group, an Alibaba subsidiary, announced plans for its long-awaited dual listing in Shanghai and Hong Kong on Monday. The company is known for running Alipay, one of China’s most popular mobile payment systems. But Ant Group has been expanding its reach in everything from wealth management to microcredit. And …
Read More »China’s Ant Group will go public on the Shanghai-Hong Kong dual list
Eric Jing, CEO of Ant Financial Bobby Yip | Reuters Chinese financial technology firm Ant Group has begun the process of a concurrent initial public offering in Shanghai and Hong Kong. Ant, a subsidiary of e-commerce giant Alibaba, said Monday it would list its shares on both the STAR of …
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