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Ant Group's failed IPO and overleveraging in the financial market

Editor's Note:Jiahe Chen is chief investment officer at Novem Arcae Technologies. The article reflects the author's opinion, and not necessarily the views of CGTN. The recent IPO (initial public o

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Shanghai Stock Exchange halts Ant Group's IPO

Shanghai Stock Exchange announced on Tuesday evening the postponement of Ant Group’s listing on Nasdaq-style STAR Market, which was scheduled for Thursday.As Ant report

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How can Chinese with rare diseases afford overpriced medicines?

CFPSky-high prices are common for patients with rare diseases. Patients with Gaucher's disease need imiglucerase, a drug to avoid severe fractures that can lead to skel

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Exhibition on China's Grand Canal opens in Beijing

02:22 Running from Beijing in the north to Zhejiang Province in the south, the Grand Canal is the longest and oldest artificial waterway system in the world. Now an exh

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China's factory activity rises to near-decade high in Oct.: Caixin PMI

Activity in China's factory sector accelerated at the fastest pace in nearly a decade in October as domestic demand surged, a private business survey showed on Monday, adding further momentum to a

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Grand Canal-themed exhibition opens in Beijing

An exhibition on the Grand Canal, a vast waterway connecting the northern and southern parts of China, has opened at the National Museum of China in Beijing.The exhibit

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China's film industry emerges from outbreak with successful plot

Xu Xiao's busy day started when all the 80-plus horses on his horse farm were booked out for movie and television shoots at Hengdian World Studios, known as the Chinese Hollywood, in East China

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China's financial regulators talks with Ant Group's top executives

China's financial regulators on Monday conducted regulatory talks with top executives of China's fintech company Ant Group, according to an official statement.The People's Bank of China, China Ban

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CBA President Yao Ming: The best league should represent its fans

With the Chinese Basketball Association (CBA) now in the early stages of its 26th season, CBA president Yao Ming is promoting what has been dubbed version 2.0 of the le

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CBA President Yao Ming: The best league should represent its fans

With the Chinese Basketball Association (CBA) now in the early stages of its 26th season, CBA president Yao Ming is promoting what has been dubbed version 2.0 of the le

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New China-US co-production debuts on Netflix

Over the Moon, a Chinese-U.S. co-production landed on Netflix, a U.S.-based streaming website, and hit theaters in China on October 23. The film was co-produced by Shanghai-headquartered Pearl Studio,

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Polestar recalls its newest EV for the second time this month

Polestar, the electric vehicle brand that was spun out of Volvo Car Group, has issued another recall for its newest electric vehicle.The company is voluntarily recalling nearly 4,600 vehicles over wh

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CBA Roundup: Qingdao crush Beijing, Xinjiang smash Nanjing

The Beijing Royal Fighters, coached by former NBA star Stephon Marbury, were defeated by the Qingdao Eagles 127-95 on Monday for their fourth straight loss in the 2020-

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CBA Roundup: Qingdao crush Beijing, Xinjiang smash Nanjing

The Beijing Royal Fighters, coached by former NBA star Stephon Marbury, were defeated by the Qingdao Eagles 127-95 on Monday for their fourth straight loss in the 2020-

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What is the per capita disposable income in China?

One of the most extravagant online shopping festivals, Double 11, is around the corner. The National Bureau of Statistics revealed the data of per capita disposable income of Chinese residents, wh

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Ant Group to launch $35 bln IPO after final nod from China regulator

The Alipay logo is pictured at the Shanghai office of Alipay, owned by Ant Group which is an affiliate of Chinese e-commerce giant Alibaba, in Shanghai, China, September 14, 2020. /Reuters Chi

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Smart hospitals empower patients with better experiences

VCGThe "New Medical Infrastructure, Smart New Future" Public Hospital Smart Innovation and Development Forum was held in Hangzhou City, Zhejiang Province, China on Sund