Edition:
United Kingdom

Cheng Leng

RPT-EXCLUSIVE-Beijing city in talks to rescue property firm Phoenix Tree -sources

01 Dec 2020

BEIJING, Dec 1 An investment arm of Beijing's city government is holding talks with shareholders of Phoenix Tree Holdings Ltd, known as Danke, on raising new funds to help turn around the cash-strapped Chinese property rental firm, three sources said on Tuesday.

Beijing city in talks to rescue property firm Phoenix Tree - sources

01 Dec 2020

BEIJING An investment arm of Beijing's city government is holding talks with shareholders of Phoenix Tree Holdings Ltd, known as Danke, on raising new funds to help turn around the cash-strapped Chinese property rental firm, three sources said on Tuesday.

How billionaire Jack Ma fell to earth and took Ant's mega IPO with him

05 Nov 2020

SINGAPORE/HONG KONG/BEIJING They say talk is cheap. Tell that to Jack Ma.

China tells Ant to expect scrutiny of credit business ahead of record listing: sources

03 Nov 2020

BEIJING/HONG KONG China's top financial regulators told Ant Group Co Ltd's founder Jack Ma and two top executives that the company's lucrative online lending business faces tighter government scrutiny, sources told Reuters, days before its record-setting listing.

Analysis: Fin or tech? China's Ant, biggest-ever IPO, says it's a tech firm not a bank

03 Nov 2020

BEIJING/HONG KONG China's Ant Group , about to make the biggest public sale of shares ever, poses a basic conundrum: what kind of company is it - a financial colossus or a tech giant?

China tells Ant to expect scrutiny of credit business ahead of record listing - sources

03 Nov 2020

BEIJING/HONG KONG China's top financial regulators told Ant Group Co Ltd's founder Jack Ma and two top executives that the company's lucrative online lending business faces tighter government scrutiny, sources told Reuters, days before its record-setting listing.

UPDATE 1-Ping An Insurance sees first quarterly profit rise in a year

27 Oct 2020

* Warns demand still weaker than before pandemic (Adds detail, background)

Analysis: Stepped up Chinese scrutiny increases investment risk of 'Beast' Ant

15 Oct 2020

BEIJING/HONG KONG As Ant Group was working in August towards its giant IPO, at least two smaller Chinese banks with existing ties to the fintech firm decided to stop sourcing new consumer loans from it, people with knowledge of the matter said. | Video

ANALYSIS-Stepped up Chinese scrutiny increases investment risk of 'Beast' Ant

15 Oct 2020

* Regulator sharpens focus on banks using Ant for consumer loans

World News