China Newsbase
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The China News Database was last updated at 08:27AM on December 31, 2023.
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132 articles matching the search query.
Wall Street blunts the ‘delisting’ hype
The retreat of Chinese companies from American capital markets is an overblown story, argues Kevin Xu. On the contrary, the last year has seen the most Chinese fundraising in the U.S. since 2014.
After Ant IPO suspension, Beijing eyes antitrust regulation for tech sector
A week after the surprise suspension of the Ant Group’s gargantuan IPO, Chinese regulators are taking the country’s entire tech sector to task. Newly drafted antitrust regulations would bring scrutiny to Alibaba, Tencent, Meituan, JD.com, and others.
How Maoism shaped many of China’s leading entrepreneurs
Chairman Máo Zédōng 毛泽东 died more than 40 years ago, yet his ideological principles live on in the Chinese population. Research has shown that many Chinese entrepreneurs may exhibit a lasting Maoist “imprint” that enduringly shapes their thought and actions.
Public opinion on Jack Ma swings wildly after China calls off Ant Group’s IPO
The domestic reputation of Jack Ma — the Chinese billionaire and co-founder of tech giant Alibaba — has taken a precipitous tumble after China suspended the blockbuster listing of Ant Group, a financial technology company affiliated with Alibaba.
Ant Group IPO suspended after Jack Ma criticizes regulators
The Shanghai Stock Exchange postponed the massive IPO of Ant Group, a few days after its majority controller, Jack Ma, criticized China’s state-dominated banking system. The exact reasons for the suspension are not yet clear.
After delay, Ant Group’s gargantuan IPO set for early November
Alibaba affiliate Ant Group offers financial services to an enormous population that had previously been neglected by China’s banks, and now the company is set to list in Hong Kong and Shanghai.
Ant Group IPO reportedly delayed in Hong Kong
Ant Group’s listing in Hong Kong likely won’t be completed by the end of October, as originally hoped, due to scrutiny from Chinese regulators. The IPO is unlikely to be derailed, but Ant could soon be the target of largely symbolic sanctions by the Trump administration.
Will Jack Ma’s Ant Group have the biggest IPO ever?
Ant Group, the Alibaba-affiliated financial technology giant, filed yesterday for a massive IPO on both the Hong Kong and Shanghai STAR stock markets. It is estimated to be worth more than $200 billion, meaning its listing could be one of the biggest in history.
The Hong Kong Stock Exchange’s half-trillion-dollar opportunity
The Hong Kong Stock Exchange used to lean on its finance and banking sector, but political turmoil has forced it to change. The exchange may have found salvation in China’s tech giants that seek refuge as they scurry away from America.
The biggest ecommerce companies in China — a brief guide
China’s ecommerce market is complex, massive, and highly competitive. Its companies and their business models are completely different from those in other markets, and none of the big American and European players have any real presence. This is a guide to the major Chinese players and their offerings.
‘Hardworking bitches’ given cold shoulder by Microsoft employees in China office
Former employees of Chinese internet firms are engaged in a culture war with their colleagues at Microsoft China about work-life balance.
China’s own Big Tech antitrust probe
Within days of U.S. Congress questioning American Big Tech companies in an antitrust probe, it looks like China may investigate its own tech giants for anticompetitive practices.
Viya, China’s most popular (and hardest-working) livestreamer
Chinese Lives is a weekly series that looks at notable figures from all eras of Chinese history. This week: Viya, the face of China’s “ecommerce livestreaming” boom.
New U.S. regulations may send Chinese IPOs to other markets
The U.S. Senate has passed legislation which could bar some Chinese companies from U.S. stock exchanges. The bill was approved with unanimous consent and requires companies to establish they are not owned or controlled by a foreign government.
Alibaba features gay couple in Chinese New Year ad campaign for Tmall
Alibaba features gay couple in Chinese New Year ad campaign for Tmall
Alipay opens to foreigners (but it doesn’t work very well)
Alibaba-affiliated fintech giant Ant Financial “has introduced an international version of its mobile payment app, Alipay, allowing travelers to link foreign bank cards to the service for use in China,” according to TechNode. However, there have been many reports of issues with Alipay’s new feature.
Jack Ma moves on from Alibaba
Photo credit: The China Project illustration In the spring of 1999, Jack Ma (马云 Mǎ Yún) huddled with a group of 18 friends in his…
When it comes to unmanned shops, Alibaba’s determined to fake it till it makes it
On June 17, Nikkei Asian Review published a story titled China’s unmanned store boom ends as quickly as it began. Examples of store closures mentioned: In…
A great quarter for Tencent and Alibaba despite storm clouds
China’s two biggest internet companies have announced healthy results. Reuters reports: Tencent Holdings Ltd posted record quarterly profit on Wednesday, smashing market expectations, as the…
