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China Tech Digest: Alibaba Establishes Artificial Intelligence Governance Laboratory; JD.com Releases

Total0 Alibaba establishes Artificial Intelligence Governance Laboratory Today, Alibaba announced the establishment of Alibaba Artificial Intelligence Governance Laboratory (AAIG). The laboratory will focus on sustainable, reliable, credible, and usable artificial intelligence technologies and applications, by building a trust mechanism for the digital economy, punishing behaviors that endanger the interests of businesses and users, protecting and encouraging innovation, and promoting the healt...
United States Shen Jianguang Jd Group Artificial Intelligence Governance Laboratory Development Database Jd Technology

Sino Malls support Government's consumption voucher scheme by giving out over HK$20 million in rewards and exciting experiences, Business News

May 27, 2021 Partnership with AlipayHK on exclusive consumption voucher promotions Collaboration with livi bank from July on 210 x HK$5000 in cash rebate   HONG KONG SAR - Media OutReach - 27 May 2021 - In support of the Governments electronic consumption voucher scheme, major Sino Malls including tmtplaza, Olympian City and Citywalk are putting forward a series of promotions to give out over HK$20 million in rewards. Furthermore, Sino Group is presenting various exciting experiences featu...
Hong Kong Tsim Sha Tsui Hong Kong General Hong Kong Holdings Sino Hotels Holdings Limited Sino Group

China's JD Logistics Set to Raise $3.2 Billion in Hong Kong IPO

The company will issue 609.2 million shares. At 40.36 Hong Kong dollars each, the company would raise 24.6 billion Hong Kong dollars ($3.2 billion). The pricing is subject to confirmation, said the person, who did not wish to be identified as they were not authorized to speak publicly. JD declined to comment when contacted by CNBC. However, JD withdrew its planned listing of its financial technology arm, JD Technology, from the Nasdaq-style STAR market in Shanghai last month. JD has been invest...
Hong Kong Jd Group Hong Kong Stock Exchange Jd Technology Track Record Period E Commerce
Source: nbcdfw.com

China markets round-up: D-Sibs face higher capital requirements, foreign holding of interbank bonds drops, JD Digits to set up financial holdco

By Addison Gong 10.00 AM In this round-up, Beijing plans to beef up capital requirements for domestic systemically important banks, foreign investors reduce their investment in domestic Chinese bonds in March, and JD.com’s technology unit is reportedly planning to set up a financial holding company. The People’s Bank of China (PBoC) and the China Banking and Insurance Regulatory Commission (CBIRC) published draft regulations at the end of last week, asking domestic systemically important ba...
Hong Kong Warburg Pincus Jinzhong Bank Asset Management Association Of China Shanxi Bank China Securities Co

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Investegate |Jardine Strategic Announcements | Jardine Strategic: 2020 Preliminary Announcement of Results

    · Underlying net profit attributable to shareholders down 35% to US$1,094 million and underlying earnings per share down 34% to US$1.96 · Southeast Asian businesses and Mandarin Oriental severely impacted by the pandemic, but resilience in Hongkong Land, Dairy Farm, Jardine Pacific and Jardine Motors · Continued investment for the long-term exemplified by US$4.5 billion investment by Hongkong Land in West Bund in Shanghai "...
Mwe Lab Indonesia General United Arab Emirates United States Hong Kong United Kingdom

Investegate |Jardine Matheson Hdg Announcements | Jardine Matheson Hdg: 2020 Preliminary Announcement of Results

    Headlines ·     Underlying net profit attributable to shareholders down 32% to US$1,085 million and underlying earnings per share down 30% to US$2.95 ·     Southeast Asian businesses and Mandarin Oriental severely impacted by the pandemic, but resilience in Hongkong Land, Dairy Farm, Jardine Pacific and Jardine Motors ·     Continued investment for the long-term exemplified by US$4.5 billion investment by Hongkong Land in Wes...
Mwe Lab Indonesia General United Arab Emirates United States Hong Kong United Kingdom

China Weighs Tighter Rules on STAR Board IPOs, Fintech Curbs

China Weighs Tighter Rules on STAR Board IPOs, Fintech Curbs Bloomberg 3/10/2021 Bloomberg News © AFP/Getty Images An opening ceremony of the Shanghai Stock Exchanges Sci-Tech Innovation Board in Shanghai on July 22, 2019. (Bloomberg) -- China is considering tighter rules for first-time share sales on Shanghai’s Nasdaq-style STAR board that will require firms to prove their technology credentials and raise the bar for companies such as Ant Group Co. Popular Searches The C...
Hong Kong Ant Group Co Bloomage Biotechnology Corp Credit Suisse Group Jd Technology Shanghai Stock Exchange
Source: msn.com

Chinese Fintech Giant JD Technology Is Reconsidering Potential $3B IPO due to Nationwide Regulatory Crackdown

Chinese Fintech Giant JD Technology Is Reconsidering Potential $3B IPO due to Nationwide Regulatory Crackdown March 8, 2021 @ 10:55 pm By Omar Faridi Chinese authorities have increased their scrutiny of the nation’s Fintech sector. China’s regulators have now cracked down on JD Technology’s (potentially) $3 billion initial public offering. JD Technology, the Fintech division of Chinese digital commerce giant JD.com Inc., is reportedly looking into withdrawing its application for an IPO p...
New York United States Hong Kong Ant Group Lufax Holding Ltd Jack Ma Ant Group

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