Ant Group and China Regulators Agree to Restructuring Plan February 3, 2021 By Bloomberg News Ant Group Co. and Chinese regulators have agreed on a restructuring plan that will turn Jack Ma’s fintech giant into...
China’s Central Bank Says Ant IPO Could Resume Once Problems Resolved January 27, 2021 By Bloomberg News Ant Group Co. could resume its plans for an initial public offering once problems are resolved, China’s central bank chief...
Ant Group’s Massive, Suspended IPO May Not Be Revived Until 2022 November 30, 2020 By Bloomberg News The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are...
Ping An’s Goal to Pivot from Finance Group to Tech Giant Is Now Threatened November 23, 2020 By Bloomberg News The headwinds that toppled Ant Group Co.’s initial public offering now threaten a $22 billion dream of China’s Ping An...
Insurer Ping An Taps Rising Demand for Chinese Assets with Offshore Management Arm September 28, 2020 By Bloomberg News Ping An Insurance (Group) Co., China’s largest insurer by market value, is tapping growing global demand for Chinese assets to...
Cold Chain Mystery: Does Coronavirus Spread Via Contaminated Food Packaging? August 20, 2020 By Bloomberg News Evidence shows that food is an unlikely route of transmitting the coronavirus across borders, but contaminated items continue to grab...
Third Wave of Severe Flooding Expected in China July 27, 2020 By Bloomberg News China warned that the worst of the deluges that have led millions to be evacuated may be yet to come,...
China Ends Two-Year State Custody of Troubled Anbang Insurance February 21, 2020 By Bloomberg News China’s two-year state custody of Anbang Insurance Group Co., the group that became a poster child for private companies with...
Global Coronavirus Cases Soar to 10,000 as WHO Declares Health Emergency January 31, 2020 By Bloomberg News The U.K. confirmed its first two cases of coronavirus on Friday, while the U.S. and Japan advised citizens to avoid...
Coronavirus Impact: Growing List of Global Firms Cut Back on China Business Activities January 29, 2020 By Bloomberg News Starbucks Corp. has closed more than half of its coffee shops in mainland China — about 2,000 of them —...