Wency Chen

Ant Group could raise as much as USD 30 billion through the IPO, surpassing Saudi Aramco’s USD 29.4 billion listing to become the world’s largest-ever fundraising.

China’s Ant Group plans to raise more funds on Shanghai’s Star market than in Hong Kong as part of its up to USD 30 billion dual listing.

The move comes amid significant disruption in China’s search engine industry, with Tencent buying Sogou and ByteDance releasing Toutiao Search.

Jiangxiaobai aims to shake up the old-fashioned image of baijiu for a new mix of customers.

Its products assist in AI diagnosis, managing patient medical records, and for insurance payment solutions.

The social media platform had half a billion users in its heyday before WeChat took all the attention of its parent company.

While the book drew interest from several studios and production companies in China, attempts to turn it into a domestic blockbuster have failed.

As Chinese brands go global, regulations at home and abroad may impede their operations.