Fresh Fines for Tech Giants: Another Regulatory Storm or Just a Flurry?

Chinese tech titans including Alibaba, Tencent and Bilibili have been fined for failing to disclose M&A dealings, sparking market fears of a return to tough regulation Key Takeaways: The Chinese market regulation authority listed 28 M&A deals that it said broke disclosure rules, slapping fines on a host of tech companies such as Alibaba, Tencent and Bilibili But market analysts say the risk of a renewed clampdown on the tech sector is limited in the face of a slowing economy By Fai Pui Worries about regulatory risk have once again…

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After Ho-Hum Pricing, AMTD Digital Storms Out of the Gate in U.S. Trading Debut

Shares of fintech accelerator backed by Hong Kong billionaire Li Ka-shing more than tripled from their IPO price in their first two trading days Key Takeaways: Hong Kong-based AMTD Digital Raised About $125 million in a New York IPO, becoming the largest New York listing by a Chinese company this year The company, which is backed by Hong Kong billionaire Li Ka-shing, is suffering from slowing revenue growth, but boasts higher margins than other fintech stocks By Warren Yang There are plenty of China fintech stocks out there, though many…

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