Ant’s Consumer-Lending Unit to Raise $1.5 Billion in Scaled-Down Capital Plan
MarketsFinanceChongqing Ant Consumer Finance lines up new investors after Chinese state-backed firm pulled out of earlier fundraising plan
MarketsFinanceChongqing Ant Consumer Finance lines up new investors after Chinese state-backed firm pulled out of earlier fundraising plan
Shares of Chinese property developers surged and dollar bonds of developers that haven’t defaulted rose from deeply distressed levels.
MarketsMarket participants say Beijing’s updated Covid policy paves the way for a long-awaited reopening
MarketsHang Seng Index rises more than 5% after heavy buying of Chinese stocks in a variety of sectors
The bank’s third-quarter earnings dropped to $1.9 billion.
Soaring yields for dollar-denominated bonds have companies borrowing instead from local markets and banks.
MarketsBrokers, fund managers received unofficial guidance about trading activity, to reduce market volatility
MarketsStocksIPOsThe exchange clamps down after dramatic volatility from new listings
By Weilun SoonOct. 15, 2022 5:30 am ETListen to article(1 minute)Hong Kong’s half-century-old stock market benchmark has become a victim ...
HONG KONG—China’s securities regulator has told investment banks operating in the country to avoid publishing politically sensitive research ahead of ...