CHINESE REGULATOR MAKES ALIBABA GROUP PAY $2.8 BILLION AS FINE

Highlights –

• Chinese regulator makes Alibaba Group pay $2.8 billion as fine.
• Alibaba Group has been fined for anti-competitive tactics.
• Alibaba accepted the penalty and has said to comply the same with determination.
• Tencen...

CHINA E-COMMERCE JD.COM INC. TO BUY STAKE IN SINOLINK SECURITIES

Highlights –

• China e-commerce JD.com Inc. to buy stake in Sinolink Securities.
• The e-commerce company aims to bolster its financial services operations.
• JD.com plans to buy the stake from Sinolink’s largest shareholder Yongjin G...

CHINESE SHOPPERS THRONG ONLINE AS SHOPPING CARNIVAL UNFOLDS AMIDST PANDEMIC DRIVEN STUPOR

• Chinese customers are looking up to shell out wads and wads of greenbacks on everything from packaged eatables to sophisticated luxury goods during this year’s Singles’ Day online shopping festival, as the country rumbles from the pandemic.
• The shopping festival, wh...

JD.COM RAISES $4 BILLION IN HONG KONG STOCK EXCHANGE

Highlights:

• JD.com has raised almost $4 billion which is equivalent to £3.2 billion in its debut at the Hong Kong Stock Exchange.
• The shares of JD.com has surged by more than 5% after listi...

WAYS IN WHICH JD.COM IS AHEAD OF AMAZON

Highlights:

• JD.com might be smaller, however, it has some of the advantages over its American Counterpart, Amazon.
• The shares of JD.com has surged by 42% year to date.
• 

  WHAT DOES JD.COM'S UPCOMING HONG KONG IPO HAS FOR US INVESTORS

  Highlights:

  • JD.com is planning a secondary stock listing in Hong Kong.
  • JD could list its share by early June and can raise up to $3 billion.
  • This listing could be Hong Kong’s biggest IPO of the year.
  ...