Tag Archives: Ant

By Kane Wu HONG KONG (Reuters) – Chinese private equity firm Boyu Capital, an investor in Chinese technology titans including billionaire Jack Ma’s Ant Group, is raising a new, China-focused fund targeting as much as $6 billion, three people with knowledge of the matter said. Its fifth and largest U.S. dollar-denominated fund is likely to close in the near term, said one of the people, who declined to be identified as the information is confidential. Boyu did not immediately respond to a… Source link

TipRanks J.P. Morgan: 2 Auto Stocks That Can Charge Forward in 2021 The US auto industry is looking up, despite the COVID pandemic – and that has car watchers and Wall Street analysts alike moving toward a cautious optimism. Customers are starting to buy cars again, as shown by Toyota Motor’s December figures: The company reported sales of 249,601 vehicles, up 20.4% year-over-year. Now, with vaccination rates increasing and better spring weather just a couple of months away, the car… Source link

TipRanks 2 “Strong Buy” FAANG Stocks to Watch Heading Into Earnings Big Tech has been in the news lately, and not necessarily for the right reasons. Accusations of corporate censorship have hit the headlines in recent weeks. While serious, this may have a salutary effect – the public discussion of Big Tech’s role in our digital lives is long overdue. And that discussion will get underway just as the Q4 and full-year 2020 financial numbers start coming in. Of the FAANG stocks, Netflix… Source link

TipRanks Are These 3 Electric Car Stocks Still Worth Buying? Analyst Weighs In Electric cars are growing in popularity, a trend fueled by social acceptance, the green mentality, and a recognition that the internal combustion engine does have its flaws. Some of those flaws are addressed by electric vehicles (EVs). They bring lower emissions, less pollution from the car, and the promise of high performance off the mark. For the present, the main drawbacks are the high cost and relatively short… Source link

BEIJING (Reuters) -China’s financial regulators urged Ant Group on Sunday to outline a concrete plan as soon as possible to meet regulatory demands and fully understand the seriousness of the “rectification” work it needs to perform. The central bank, banking, securities and foreign exchange regulators urged Ant to rectify illegal financial activities, including in its credit, insurance and wealth management businesses, and regulate its credit rating business to protect personal information,… Source link