Shanghai stock exchange suspends record-breaking Ant IPO
09 November 2020 |
12:24 pm
The Chinese fintech giant had expected to raise an unprecedented $35 billion in its stock market debut. But concerns that regulatory oversight could get in the way are now being proven right.
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29 Jul
Taiwan held drills at its main international airport in Taipei amid concerns over Chinese aggression towards the island. Taiwan's president said the exercises are necessary in order to protect critical infrastructure.
11 Aug
High costs, lower demand, fiercer competition — the German automotive industry is coming under pressure. The lucrative Chinese market, in particular, is proving difficult as Chinese consumers choose national brands.
13 Aug
Beijing has alleged that a Chinese man signed a contract with the United States spy agency and received training to conduct espionage activities.
21 Aug
The air and sea drills close to Taiwan are seen as a response to a visit of its Vice President William Lai to the US. China has derided Lai as a "troublemaker" who backs "Taiwanese independence" separatists.
2 Sep
Tokyo has summoned the Chinese ambassador over hundreds of crank calls believed to originate from China. Japan has begun to release treated water from the Fukushima nuclear power plant, which Beijing says is not safe.
31 Aug
China's largest property developer, Country Garden, warned that it is on the brink of default as it reported a staggering loss of almost $7 billion for the first half of the year, deepening a real estate crisis that threatens to unravel the country's already fragile economy.
4 Sep
After a mass in Mongolia attended by some groups of Chinese Catholics, the pope told them to be "good Christians and good citizens."
4 Sep
With more than 41 percent of exhibitors at the Munich IAA mobility show headquartered in Asia, analysts say European carmakers will need to prove their ability to compete with China in the electric vehicle age.
10 Sep
Germany's International Motor Show has opened in Munich with Chinese EV makers out in force, revving their new electric models on the turf of German carmakers. Some say the market will never be the same after the event.
8 Sep
Apple's market value has tumbled by some $200 billion in the wake of reports that Beijing has banned iPhones among government employees. We take a closer look. Also, Chinese car manufacturers make inroads into the European market, and New York City cracks down on Airbnb.
13 Sep
Chinese emergency teams are scrambling to track down a large number of crocodiles that escaped after heavy storms and floods that hit in recent days.
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