Ant Group Proposes Share Buyback at Roughly 30% of IPO Valuation
Ant Group Co. Ltd. has offered to buy back some shares at a whopping 70% discount to the unrealized valuation for its ill-fated IPO, shortly after...
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CX Daily: China Looks to Saudi Arabia Amid Shifting Sands in U.S. Economic Ties
Saudi Arabia /Cover Story: China looks to Saudi Arabia amid shifting sands in U.S. economic ties China-U.S. /: In talks with Yellen, China demands...
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China Internet Weekly (10Jul2023): Meituan, Alibaba, Ant Group, Tencent
Meituan’s food delivery has taken 20% of the Hong Kong market share. The authorities suggests that they will not further restrict financial apps.
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Ant Group's $6.0bn Buyback Move Casts Doubt on IPO Prospects
Ant Group unveiled a share buyback program worth $6 billion. This buyback values the company at $78.54bn, which is considerably lower than the...
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GEM Weekly (7 Jul 2023): China PMI, South Korea CPI: Ant, Alibaba, TSMC, HuaBao International
The Global Emerging Markets Weekly provides a summary of the key news and related developments impacting the largest countries and constituents of...
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