In a crushing move by the Shanghai Stock Exchange, Ant Group’s highly anticipated listing on the exchange was suspended, hitting pause on what was poised to be the largest public offering of a Fintech ever. Ant Group was planning to simultaneously list on both the… Read More
Read more in: Asia, Fintech | Tagged alibaba, ant group, china, initial public offering, ipo, jack ma, shanghai stock exchange
Ant Group (formerly Ant Financial) plans to execute concurrent listing on Shanghai Stock Exchange’s STAR market and The Stock Exchange of Hong Kong, according to a company release. The news of a pending initial public offering (IPO) was previously reported as word of the listing… Read More
Read more in: Asia, Fintech, Offerings | Tagged ant financial, ant group, china, eric jing, hong kong, initial public offering, ipo, shanghai stock exchange, stock exchange of hong kong
How Did the Chinese Fintech Industry Respond to COVID-19? With the outbreak of the COVID-19, more and more people and groups have joined the fight against it. Among the entities, Fintech companies are giving full play to their advantages in providing financial services, contributing technical… Read More
Read more in: Asia, Featured Headlines, Fintech, Global | Tagged alipay, china, coronavirus, covid-19, shanghai stock exchange, wechat apy, weiyangx, xu gao
PBC Releases “Financial Distributed Ledgers Technology Security Specification” On February 5th, the People’s Bank of China has released the “Financial Distributed Ledgers Technology Security Specification” (JR / T 0184-2020). The document specifies the financial DLT security system, including basic hardware, basic software, cryptographic algorithms, node… Read More
Read more in: Asia, Blockchain & Digital Assets, Featured Headlines, Fintech, Global, Insurtech | Tagged jinui technology, peoples bank of china, shanghai stock exchange, weiyangx, xu gao
People’s Bank of China Publishes Trial Regulatory Measures on Financial Holding Companies On July 26th, the People’s Bank of China (PBC) published the Trial Measures on Supervision and Regulation of Financial Holding Companies (Exposure Draft) (hereinafter referred to as the Measures) and sought for feedback… Read More
Read more in: Asia, Featured Headlines, Fintech, Global, Regtech & Legaltech | Tagged alibaba, ant financial, banking, china, mybank, shanghai stock exchange, weiyangx, xu gao
Abu Dhabi Global Market, the international financial centre of Abu Dhabi, UAE (ADGM) and Shanghai Stock Exchange (SSE), China’s largest securities exchange, have today entered into a Memorandum of Understanding (MOU) to co-operate on the establishment of a “Belt and Road” Exchange in ADGM. This… Read More
Read more in: Asia, Fintech, General News, Global, Politics, Legal & Regulation | Tagged abu dhabi global market, adgm, belt-and-road, china, fintech, mena, MOU, que bo, richard teng, shanghai stock exchange
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