DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Li Jizun - 1 Li - 1 Sha Yan - 1 Sha - 1 Wang Jianjun - 1
Top related locs:
Shenzhen Guangdong Province of China China Beijing U.S
Top related orgs:
Shenzhen Stock Exchange - 1 Visual China - 1 Getty - 1 bourse - 1 China Securities Regulatory Commission - 1 State Council - 1 Shanghai's Nasdaq - 1 Communist Party - 1

Search resuls for: "Shanghai's Nasdaq"


5 mentions found


☆ China securities official expected to lead Shenzhen stock exchange, Reuters reports
  + stars: | 2024-08-02 | by ( ) www.cnbc.com   time to read: +2 min
A woman walks by the gate of the Shenzhen Stock Exchange on Aug. 20, 2020 in Shenzhen, Guangdong Province of China. VCG | Visual China Group | Getty ImagesChina is expected to appoint a senior securities official to head its second-largest bourse, four sources said, filling a role that has been vacant for the unusually long period of seven months as the securities regulator reshuffled its leadership. Li Jizun, a civil servant who is now director of the general office at the China Securities Regulatory Commission (CSRC), is set to become general manager of the 27-trillion-yuan ($3.73-trillion) Shenzhen Stock Exchange, the sources said. The CSRC and the Shenzhen exchange did not immediately respond to a faxed request for comment. Sha had worked at the securities regulator for more than two decades before taking over at the Shenzhen exchange in mid-2020, after her predecessor Wang Jianjun was promoted to the party chief role before returning to the regulator as a vice chairman.
Persons: Li Jizun, Li, Sha Yan, Sha, Wang Jianjun Organizations: Shenzhen Stock Exchange, Visual China, Getty, bourse, China Securities Regulatory Commission, State Council, Shanghai's Nasdaq, Communist Party Locations: Shenzhen, Guangdong Province of China, China, Beijing, U.S
☆ Ant-linked firms' shares rise after news of Jack Ma ceding control; Alibaba jumps
  + stars: | 2023-01-09 | by ( ) www.reuters.com   time to read: +4 min
Jan 9 (Reuters) - Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant founder Jack Ma is giving up control of the fintech giant following an overhaul. Ant indirectly owns stakes ranging from more than 20% to slightly more than 5% in those companies. Ant said over the weekend that founder Jack Ma will give up control of the company. China's domestic A-share market requires companies to wait three years after a change in control to list. read moreLi Nan, professor of Finance at Shanghai Jiaotong University, however said Ant's inherent problems remain after its change of control.
☆ Shares of Ant-linked firms rise after news of Jack Ma ceding control; Alibaba jumps
  + stars: | 2023-01-09 | by ( ) www.reuters.com   time to read: +2 min
Jan 9 (Reuters) - Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant founder Jack Ma is giving up control of the fintech giant following an overhaul. Hong Kong-listed shares of Ma's Alibaba (9988.HK) jumped more than 5%. Ant said over the weekend that founder Jack Ma will give up control of the company. China's domestic A-share market requires companies to wait three years after a change in control to list. Ant Group said on Sunday it has no plan to initiate an IPO.
☆ Ant Group says no plan for IPO, focusing on business optimisation
  + stars: | 2023-01-08 | by ( ) www.reuters.com   time to read: +1 min
Jan 8 (Reuters) - China's fintech giant Ant Group has no plan to initiate an initial public offering (IPO), it said on Sunday in an emailed statement to Reuters. "Ant Group has been focusing on its business rectification and optimisation, and does not have a plan for an IPO," the company spokesperson said. Ant Group said on Saturday that its founder Jack Ma no longer controls the company after a series of shareholding adjustments that saw him give up most of his voting rights. China's domestic A-share market requires companies to wait three years after a change in control to list. Reporting by Yingzhi Yang in Shanghai and Rhea Binoy in Bengaluru;Editing by Elaine HardcastleOur Standards: The Thomson Reuters Trust Principles.
☆ Ant Group founder Jack Ma to give up control in key revamp
  + stars: | 2023-01-07 | by ( ) www.cnbc.com   time to read: +3 min
Alibaba founder Jack Ma attends the 5th World Zhejiang Entrepreneurs Convention at Hangzhou International Expo Centre on November 13, 2019 in Hangzhou, Zhejiang Province of China. Ant Group's founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to draw a line under a regulatory crackdown that was triggered soon after its mammoth stock market debut was scuppered two years ago. China's domestic A-share market requires companies to wait three years after a change in control to list. Hangzhou Yunbo, an investment vehicle for Ma, had control over two other entities that own a combined 50.5% stake of Ant, the prospectus showed. "At least Ant investors can (now) have some timetable for an exit after a long period of uncertainty," said Clark, who is also an author of a book on Alibaba and Ma.
0 next >>
Total: 5