Ant Group’s WorldFirst boosts its Southeast Asia footprint
The global payments company will start offering its cross-border e-commerce payments services in Vietnam, Thailand, the Philippines and Malaysia over the next year Key Takeaways: WorldFirst will expand its cross-border…
9988.HK
BABA.US
FAST NEWS: Sunny Optical boosts investment in Ant Consumer Finance
The latest: Smartphone camera lens producer Sunny Optical Technology (Group) Co. Ltd. (2382.HK) announced Thursday that it will boost its investment in Chongqing Ant Consumer Finance Co. Ltd. by 270 million yuan…
2382.HK
PODCAST: Ant Group and Tencent slapped with fines, and Freshippo steps up for IPO
China’s central bank has slapped major fines on Ant Group and Tencent, including a nearly $1 billion fine on Ant, operator of Alipay. Is this the start of a new round of big fines on China’s big tech? Or does it mark the end of a recent storm of regulation that began after outspoken Alibaba founder Jack Ma criticized the government?
CHINA BULLETIN: Janet Yellen’s Awkward Beijing Visit
In this week’s issue Janet Yellen’s awkward trip to Beijing, China’s new export restrictions, and Tesla’s China layoffs. On a scale of 1 to 100, we give the week a 35 for offshore-listed China stocks.
Net gains: Chinese tech companies rapidly gain ground on western peers in ESG
An analysis finds a general trend of significant evolution, greater transparency, and improved performance in ESG by Chinese tech giants like Alibaba, Tencent and Baidu By Dr. Mark Watson…
CHINA BULLETIN: Clogged Roads, Home Buying Plans Point to Rebounding Economy
In this week’s issue clogged roads point to an improving economy, an A-lister returns to China’s big screen, and Saudi Arabia bets big on Chinese e-sports. On a scale of 1 to 10, we give the week a 4 for offshore-listed China stocks.
Fintech Lufax Seeks Dual Listing as Pandemic Hits Profits
Ping An-backed Lufax has applied to have its shares traded in Hong Kong as well as the U.S., following in the footsteps of dual-listed fintech firms OneConnect and 360 DigiTechKey…
