Tuesday, November 3, 2020

Sources: China says Ant Group can't proceed with IPOs until it complies with new capital requirements and reapplies for licenses to operate nationwide (Bloomberg)

Bloomberg:
Sources: China says Ant Group can't proceed with IPOs until it complies with new capital requirements and reapplies for licenses to operate nationwide  —  - Listing of Jack Ma's fintech giant was halted on Tuesday  — Ma criticized regulators for stifling innovation last month



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Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq 100's 35, fueled by Beijing's tech push and an investor frenzy (William Sandlund/Financial Times)

William Sandlund / Financial Times : Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq...