China IPOs

Alibaba Group Holding Ltd’s (NYSE: BABA) subsidiary Ant Financial has upsized its initial public offering valuation target by $25 billion to $250 billion, seeking to raise $35 billion, Bloomberg reported late Sunday. The financial services company, expecting to raise $30...

The China Securities Regulatory Commission will meet on Monday to discuss a move to suspend initial public offerings in order to stabilize the nation's falling stock markets, according to sources cited by Bloomberg. The decision to halt new IPO listings would mark the ninth time the...