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Alibaba's Ant to launch Hong Kong IPO

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Alibaba's Ant Group is planning an initial public offering in Hong Kong this year, seeking a valuation of over $200B, sources familiar with the matter reported.
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08 Jul 2020

Italy explores Huawei exclusion from 5G

Italy is exploring exclusion of Huawei Technologies, the China telecoms equipment maker, from building the country's 5G network, according to La Repubblica report.

08 Jul 2020

Tesla China sells nearly 15K Model 3 cars in June

Tesla Inc, the US electric automaker, reported it had sold 14,954 China-made Model 3 cars in the mainland in June, marking a 35% rise month-on-month, the CPCA reported on Wednesday.

08 Jul 2020

Nokia stock price plummets

During Wednesday's European trading hours, the stock price of Nokia plummeted by 8%, as the company announced the loss of business of Verizon.