Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent days, two sources told Reuters.
China's Ant Group has raised its registered capital to 35 billion yuan ($5.44 billion) from 23.8 billion yuan, public business registration records showed, as the fintech giant continues its government-mandated restructuring.
When Wall Street veterans gathered this week for one of their first in-person conferences since the pandemic began, the focus, on emerging issues from "meme stocks," to cryptocurrencies and free trading apps, signaled a new era for the world of finance.
Cryptocurrency researcher Elliptic has raised $60 million from investors including SoftBank and Wells Fargo's venture capital arm, the startup said on Monday, as more mainstream investors bet on the blockchain analytics sector.
Weeks of stock market volatility have done little to dent the record-setting pace of U.S. initial public offerings, with capital market insiders forecasting a strong finish to the year and a robust pipeline of listings in 2022.