Alibaba Group
The 2024 IPO lineup includes a company that could be one the biggest of all time. Recession fears are fading. Now is the time to invest in IPOs. We reveal the top 5 - free.
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4 days ago · October 27, 2020 - Billionaire Jack Ma’s Ant Group blockbuster IPO -- which could raise $34.5 billion, blowing past the previous record set by Saudi Aramco -- puts the fintech giant’s valuation at a dizzying $315 billion.
3 days ago · The Shanghai and Hong Kong stock exchanges suspended the $34.4 billion IPO of fintech giant Ant Group on Tuesday, signaling that China will further strengthen fintech regulation.
1 day ago · The NASDAQ 100 and S&P 500 have experienced their sharpest single-day decline since 2022, primarily driven by disappointing financial results from Tesla and Alphabet. This sell-off highlights broader concerns about the high valuations of the "magnificent seven" (Mag7) tech giants - Microsoft, Amazon, Alphabet, Tesla, Meta, NVIDIA, and Apple ...
5 days ago · Investment in technology will be the most important job for Ant Group after the company's floating on the stock market, the fintech giant's CEO Hu Xiaoming said at the Inclusion Fintech Conference in Shanghai on Thursday.
4 days ago · The news has meant that UK-listed airlines have come under pressure, with easyJet, Wizz Air and British Airways' owner International Consolidated Airlines (IAG) all falling due to the read-across from the Ryanair situation. Investors are concerned that these airlines will suffer similar troubles to Ryanair.
5 days ago · Alibaba's financial arm Ant Group said on Saturday that no shareholder, alone or jointly with other parties, will have control over the company, as part of its broader push to further optimize corporate governance.
3 days ago · The FTSE 100 index rallied yesterday but has seen momentum fizzle out in early trading on Tuesday. While it has been unable to mount a sustained rally, the price has held above 8100 since May, providing a firm area of support. A close below 8100 would likely see swift downside, heading to 8044 and then down to 7976. Source: ProRealTime.
