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Ant Group, which operates the mobile payment platform Alipay, announced on Monday that it will seek dual listing in Hong Kong and Shanghai. Eric Jing, executive chairman of Ant Group, said in an internal communication that the dual listings will be carried out to support the group's technology innovation as well its digitalization of services, which will help stimulate the country's domestic demand. Worldwide cooperation will be strengthened to seek sustained growth, he said.
Another negative factor that pressures the oil prices is the stronger US dollar. US dollar Index resumed its upward movement and reached its highest levels within the last 52 weeks. Now the index is above 96 level.
Another four A shares are likely to be delisted due to low stock prices. Their stock prices had closed below 1 yuan for 20 trading days in a row and await the exchanges' decision of whether to delist the stock, according to market tracker Wind Info.
Apparently, the latest recovery in sales has a lot to do with the release of pent-up demand for homes in previous months, which we regarded as spontaneous recovery by the market itself.
Ant, the finance affiliate of Alibaba Group Holding Ltd, increased its offer to per share in cash from .25, and the transaction is valued at around .2 billion, according to a joint statement by Ant and MoneyGram.
来源：资阳报