Ant Group won approval to raise RMB 20 billion ($3.04 billion) by selling securities backed by consumer loans after a Chinese regulatory crackdown on microlending sank the fintech... Read more
This has been a year of extremes for everyone but China has been on a particulary gravitation-challenging ride, having gone from falling off a cliff to zooming ahead of the rest of the world... Read more
The Hong Kong stock exchange plans to revamp the settlement process for initial public offerings (IPOs) to reduce the time between pricing and trading debut to one business day from five in... Read more
The US securities regulator is pushing ahead with a plan that would require US-listed Chinese companies to use auditors overseen by the US or face delisting from US stock exchanges, reported... Read more
A limousine services provider controlled by Lu Zhengyao, founder of scandal-plagued Luckin Coffee, has agreed to sell its stake in a major car rental company at a large premium, as Lu seeks... Read more
