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Tag: stock market

Posted on 09/11/2020

Ant Group’s Stalled IPO Seen Slashing Its Value by $140 Billion

China’s move to halt Ant Group Co.’s massive stock debut could reduce the fintech giant’s value by as much as $140 billion, according to analysts’ revised estimates. ( read original story ...)

Posted on 07/11/2020

KL-Singapore HSR: Malaysia intends to continue with project given the ‘positive multiplier effect’ on economy, says finance minister

The Malaysian government intends to proceed with the Kuala Lumpur-Singapore High-Speed Rail (HSR) project as it is able to "generate ... ( read original story ...)

Posted on 06/11/2020

Investors March Back Into China Bets After Ant IPO Halt, U.S. Vote

The shock suspension of Ant Group's massive share offering and a possible Joe Biden U.S. presidency have become fresh tailwinds for China's stock market, as investors rush to snap up a piece of an ... ( read original story ...)

Posted on 06/11/2020

Green finance among options Singapore needs to adopt to achieve climate and economic goals

To ensure economic growth and fight climate change at the same time, Singapore needs to leverage green finance and mobilise capital for low-carbon investments, said Minister of State for ... ( read original story ...)

Posted on 06/11/2020

Ant Group to push ahead still with S’pore digital bank licence application after IPO scrapped

MAS will issue up to two digital full bank licences and three digital wholesale bank licences.. Read more at straitstimes.com. ( read original story ...)

Posted on 06/11/2020

Green finance seen as key in S’pore’s climate change fight

To ensure economic growth and fight climate change at the same time, Singapore needs to leverage green finance and mobilise capital for low-carbon investments, said Minister of State for ... ( read original story ...)

Posted on 05/11/2020

How billionaire Jack Ma fell to earth and took Ant’s mega IPO with him

Tell that to Jack Ma. Corporate China’s shiniest star was just days away from seeing his Ant Group list on the stock market in a record $37 billion deal, when he chose to launch a blistering public ... ( read original story ...)

Posted on 05/11/2020

Singapore Re-Opening Plan Ditches Quarantine for Tests, Ratios

(Bloomberg) -- Singapore is using a plan involving ratios and testing to open its borders to as many international visitors as possible based on their home country of risk, Minister for Trade and ... ( read original story ...)

Posted on 05/11/2020

Singapore’s Financial Services Sector Is on the Brink of Disruption following COVID-19 Outbreak, According to Fintech Industry Professional

Singapore's financial services sector is on the brink of disruption, according to Singapore Fintech Association President. ( read original story ...)

Posted on 05/11/2020

How Singapore’s QQQ Capital Management became the world’s best performing hedge fund with bets on Chinese education firms

Mainland born Qian Yongqiang turns his Singaporean firm into the world’s best performing hedge fund with returns of 275 per cent this year. ( read original story ...)

Posted on 05/11/2020

Ant’s IPO delay represents a bigger concern than U.S. election uncertainty, says investor

The abrupt suspension of Ant Group's initial public offering in Shanghai and Hong Kong has greater impact for Asia than the U.S. election result, says CIO of Reyl Singapore. ( read original story ...)

Posted on 05/11/2020

Former Global Head of Trade Finance, Farooq Siddiqi, joins fintech platform #dltledgers as CEO

PRNewswire/ -- Leading cross-border trade digitisation platform #dltledgers has hired veteran banker Farooq Siddiqi as ... ( read original story ...)

Posted on 05/11/2020

Abrupt halt to Ant IPO stuns investors in S’pore and abroad

Investors in Singapore and globally were stunned by the abrupt suspension of Ant Group's listing on the Shanghai Stock Exchange (SSE) less than two days before the world's largest initial public ... ( read original story ...)

Posted on 05/11/2020

Investment veterans’ SPAC Tiga Acquisition files for a $200 million IPO

The article Investment veterans' SPAC Tiga Acquisition files for a $200 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com. Investment ... ( read original story ...)

Posted on 05/11/2020

Hong Kong ‘rare whiskey brokerage’ targets Singapore wealth

Described by specialist drink retailer the Whiskey Exchange as having the "perfect balance of fruit, peat and power," the Black Bowmore 1964 Islay Single Malt Scotch Whisky holds legendary status ... ( read original story ...)

Posted on 05/11/2020

Many Singapore investors in a “state of shock” over abrupt suspension of Ant Group’s US$37 billion IPO

Brokers say there had been a lot more interest than usual in the US$37 billion dual listing from Singapore investors. Read more at straitstimes.com. ( read original story ...)

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