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Alibaba’s Ant Group Set to be 2020’s Top IPOs in Hong Kong and Shanghai

Ant Group, formerly known as Ant Financial has announced its intentions of launching an initial public offering (IPO) that would be featured both on the Shanghai Stock Exchange’s STAR board and the Stock Exchange of Hong Kong (HKEX/ SEHK). The Inner Scoop on Ant Group’s IPO The STAR board focuses predominantly on technology companies and hopes to rival Nasdaq. A senior executive of Ant Group disclosed anonymously … Continue reading Alibaba’s Ant Group Set to be 2020’s Top IPOs in Hong Kong and Shanghai

Ant Group Partners with Dell, Hewlett-Packard and Lenovo to Enable Access for its New Blockchain Solution—AntChain

Ant Group, formerly known as Ant Financial, the payments arm of Chinese e-commerce giant Alibaba, has launched a new blockchain solution, AntChain. Ant Group has signed an agreement with Dell, Hewlett-Packard, and Lenovo to enable accessibility of IT leasing services for small to medium enterprises (SMEs) through the AntChain blockchain solution. The launch of AntChain … Continue reading Ant Group Partners with Dell, Hewlett-Packard and Lenovo to Enable Access for its New Blockchain Solution—AntChain

InvestHK unveils Global Fast Track Programme to boost fintech development with Hong Kong's proven market resilience and fintech opportunities

InvestHK unveils Global Fast Track Programme to boost fintech development with Hong Kong’s proven market resilience and fintech opportunities Invest Hong Kong (InvestHK) today (August 10) unveiled the Global Fast Track Programme, a business-driven programme within Hong Kong Fintech Week (HKFW), Asia’s annual flagship fintech event,to help local and global fintech enterprises leverage Hong Kong’s … Continue reading InvestHK unveils Global Fast Track Programme to boost fintech development with Hong Kong's proven market resilience and fintech opportunities

Over $3 Trillion USD Subscribed, Largest IPO Ant Group Blowout is Ready

Blowout On the evening of October 29, Ant Group and China’s Shanghai Stock Exchange issued an announcement on the subscription status of the online issuance of A shares and the success rate. The announcement shows the subscription amount of Ant Group exceeded 19.05 trillion RMB (around $3 trillion US dollars), a new A-share record. The … Continue reading Over $3 Trillion USD Subscribed, Largest IPO Ant Group Blowout is Ready

Why Jack Ma's Ant Group IPO was Suspended by Authorities

On Nov.3, the Shanghai Stock Exchange in China published an announcement titled, “Decision on postponing the listing of Ant Technology Group Co., Ltd. on the Sci-Tech innovation board.” The Ant Group was expected to be listed on Nov. 5, 2020. Official reasons The authority explains the suspension for two reasons. Ant Group’s actual controller, chairman, and general … Continue reading Why Jack Ma's Ant Group IPO was Suspended by Authorities

China Tightens Regulation on Tech Industry, Sinking Alibaba and Tencent Stocks on Single’s Day

Today marks a very special day in China. Singles’ Day, November 11, or 11/11 is supposed to be a huge spending day in China, not unlike Black Friday. Numerous retailers and companies offer discounts on these days to boost sales. However, with Beijing’s increased tightening of regulations, Chinese tech shares have slumped, wiping out more … Continue reading China Tightens Regulation on Tech Industry, Sinking Alibaba and Tencent Stocks on Single’s Day

CITD to Issue HK$100 Million Bonds Utilizing Blockchain

China Information Technology Development Limited (CITD) (HKEX: 8178), a leading technology company specializing in AI and cloud technologies, has announced its plan to issue HK$100 million worth of Bonds using distributed ledger technology (DLT). The proposed issuance aims to revolutionize the bond market by leveraging blockchain and smart contract technologies. The Bonds, with a maturity … Continue reading CITD to Issue HK$100 Million Bonds Utilizing Blockchain

Wiki Finance Expo Hong Kong 2024 Is Coming in May!

Regulation, Forex, Crypto, Web 3.0, NFTs, Metaverse, ESG Will Be in Focus. Taking place on May 17, 2024, Wiki Finance Expo Hong Kong 2024 is one of the largest and most influential FinTech and Web3.0 events in Asia in 2024. Participation is free. Register here to get your ticket for free: https://www.wikiexpo.com/HongKong/2024/en/hkexpo.html 500+ Event Supporting … Continue reading Wiki Finance Expo Hong Kong 2024 Is Coming in May!