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.
Related
27 Mar 2022
Relations between India and China took a nosedive after deadly border clashes in June 2020. The Chinese foreign minister's visit marks the first high-level trip by a Chinese official in nearly two years.
2 Apr 2022
After Shanghai recently reported a new daily record for asymptomatic coronavirus infections, the city is locking down in two stages. It's the biggest step taken in the Chinese metropolis since the Covid-19 pandemic began more than two years ago. But some residents are complaining that the cost of China's strict aggressive zero-Covid strategy has become too great. We take a closer look.
18 Apr 2022
Beating expectations, Chinese economy grows 4.8% in first quarter of 2022. Over the first three months of the year, China's economy expanded at an annual rate of nearly 5 percent when compared to the same stretch last year. But as Covid-19 lockdowns roll on, the country's annual growth target looks hard to reach.
13 May 2022
Australia's Prime Minister Scott Morrison said that a Chinese intelligence ship was not in Australia's territorial waters but its presence off the northwestern coast was "concerning."
18 May 2022
The Chinese economy is slowing down markedly as strict lockdowns send big cities into hibernation. Repercussions will be felt in Germany, too.
3 Jun 2022
China’s embargo on Australian wine means winemakers are facing a massive oversupply.
6 Jun 2022
Hundreds of students in Beijing have called for freedom of movement amid concerns over tightening COVID restrictions on campuses. Videos circulated online showing students tearing down a metal wall.
9 Jun 2022
Hundreds of students in Beijing have called for freedom of movement amid concerns over tightening COVID restrictions on campuses. Videos circulated online showing students tearing down a metal wall.
14 Jun 2022
The Chinese fast fashion retail giant Shein is facing allegations of child labour on TikTok. Shein then debunked these claims with a TikTok video of its own. In this edition of Truth or Fake, we take a closer look and tell you what we know about the brand's working conditions.
28 Jun 2022
Germany's Olaf Scholz is hosting the G7 summit in Bavaria, where world leaders pledged $600 billion dollars to help low-income states build "climate resilient infrastructure." The Ukraine war is also high on the agenda.
21 Aug
Sri Lanka has granted permission for the Chinese space-tracking vessel Yuan Wang 5 to dock at a port that China runs. The Hambantota port is the southernmost in Sri Lanka and has raised the concern of India.
Latest
18 mins ago
France's former president François Hollande granted an interview to FRANCE 24 and RFI on Wednesday, some 10 years after launching Operation Serval, which ousted armed rebels and Islamist militants from northern Mali. Hollande defended the record of French military operations in the Sahel region and expressed regret at the arrival of mercenaries from the Russian paramilitary Wagner Group.
18 mins ago
Anatoly Legkodymov is accused of permitting users to launder hundreds of millions of dollars. His platform, Bitzlato, has been shut down by authorities.
18 mins ago
You won't see Elon Musk in Davos this year. He says it’s boring on Twitter, which he now owns, and which is still bleeding money. The same big losses are being seen at his electric car maker Tesla. But it would take a lot more for the billionaire to go broke. The truth is that in today's world, tech titans seem unbreakable, even when the likes of Musk face a lawsuit for allegedly manipulating Tesla's share price.
3 hours ago
A football and a lot of skill: That's all the "funguiceiros" need to put on a show! In the Angolan city of Malanje, a version of freestyle football is attracting more and more young people. Now, the Sem Stress project is on the search for fresh and creative talent.
3 hours ago
The best places to see the Northern Lights in Europe are in Scandinavia above the Arctic Circle. Finnish photographer Markus Kiili takes amazing pictures of these natural light displays over Lapland.
