Welcome!
Alibaba
Emerging Markets
China regulator approves Ant Group's HK IPO: IFR
China’s securities regulator has reportedly approved financial tech firm Ant Group’s Hong Kong's IPO.
October 19, 2020
Company in the news
SunMoon Food parent Shanghai Yiguo files for bankruptcy, putting $12.4 mil worth of receivables at risk
The bankruptcy was filed back in July 30
October 12, 2020
Tech
Funds pounce on Chinese tech selloff
“The U.S. ban on Chinese internet companies will have little impact on the revenue and earnings of most listed Chinese internet companies,” - Jian Shi Cortesi, fund manager at GAM Investment Management in Zurich
August 11, 2020
Equity raising
Alibaba Health raises $1.78 billion in Hong Kong's biggest secondary share sale in 5 years
Alibaba Health Information Technology has raised nearly $1.78 billion in Hong Kong’s largest follow-on share sale in five years.
August 05, 2020
Funds
Top fund manager hunts for next Alibaba in Southeast Asia
SooHai Lim is bullish on e-commerce in Southeast Asia, so much so that he sees the region coming up with its own version of Alibaba Group Holding Ltd.
July 23, 2020
Tech
The tech behind China's new digital currency
Unlike cryptocurrencies, which use distributed ledgers and strong cryptography to capture details of coin ownership and transaction, PBOC favours a centralised ledger model that will record and monitor transactions.
July 17, 2020
Tech
Global financial watchdogs take aim at Big Tech's data dominance
(Dec 9): Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.
December 09, 2019
Disruption and Digitalisation
CapitaLand launches new retail concept store at Plaza Singapura
SINGAPORE (Nov 8): CapitaLand today announced the opening of NomadX: a double-storey, 11,000 sqft multi-label concept store at Plaza Singapura that puts forth “a new blend of physical and digital experience” with a combination of olfactory, audio-visu
November 08, 2018
US stocks
Starbucks to implement 'significant changes' to company structure
(Sept 25): Starbucks Corp. is planning an organisational shake-up, including corporate layoffs that will start at top levels, as the coffee chain tries to reverse stagnant sales and rekindle investors’ interest.
September 25, 2018
US-China trade war
Alibaba's Jack Ma says can't meet promise to create 1 million US jobs
SAN FRANCISCO (Sept 20): Alibaba Chairman Jack Ma said the company can no longer meet its promise to create one million jobs in the United States due to US-China trade tensions, Chinese news agency Xinhua reported on Wednesday.
September 20, 2018