INFBusiness

SHANGHAI (Reuters) – Asset managers are racing to launch index funds tracking China’s top technology companies, capitalising on investor fervour stirred by Sino-U.S. tensions, and fuelled by Ant Group’s blockbuster listing. This week, CSOP Asset Management Ltd launched the first…

HONG KONG (Reuters) – Chinese electric vehicle maker Xpeng could raise as much as $1.275 billion from its U.S. initial public offering (IPO) after flagging that its shares would be priced at $15, two sources with direct knowledge of the…

LONDON (Reuters) – It sounds like a surefire bet. You lend money to a borrower who puts up collateral that exceeds the size of the loan, and then you earn interest of about 20

BEIJING/HONG KONG (Reuters) – With chat groups, video streams and low prices for foundation, China’s Perfect Diary has emerged from nowhere four years ago to become a cosmetics giant for the digital age, trailing only L’Oreal and LVMH in the…

HONG KONG (Reuters) – Ant Group’s planned sale of up to $30 billion worth of shares is set to revive fortunes for Hong Kong Exchanges and Clearing Ltd (HKEX) which fell to fifth rank as a destination for initial public…

(Reuters) – Australia’s Zip Co Ltd (Z1P.AX) on Wednesday said it had partnered with eBay Inc (EBAY.O) to offer flexible credit to small- and medium-sized businesses on the e-commerce platform, sending its shares to a record high in early trade.…

(Reuters) – Palantir Technologies on Tuesday filed to go public through a direct listing, as the data analytics company known for working with the Central Intelligence Agency and other government groups prepares for one of the biggest market debuts of…

(Reuters) – A Canada court blocked Huawei Chief Financial Officer Meng Wanzhou’s request for the release of more documents related to her arrest in 2018, court documents released on Tuesday said. Meng, 48, was arrested in December 20