New funds raise US$9 billion for Ant IPO

The Alipay logo is pictured at the Shanghai office of Alipay, owned by Ant Group which is an affiliate of Chinese e-commerce giant Alibaba [SHINE]
The Alipay logo is pictured at the Shanghai office of Alipay, owned by Ant Group
SHINE | 12-Oct-2020 | Reuters

Five newly launched Chinese funds targeting Ant Group’s upcoming mega stock listing raised 60 billion yuan (US$8.93 billion) cumulatively from more than 10 million retail investors, selling out within days, the funds’ distributor said. Continue reading “New funds raise US$9 billion for Ant IPO”

7th Silk Road International Film Festival kicks off in NW China

CGTN | 11-Oct-2020

The opening ceremony of the 7th Silk Road International Film Festival (SRIFF) kicks off in Xi’an, the capital city of northwest China’s Shaanxi Province. Continue reading “7th Silk Road International Film Festival kicks off in NW China”