Good Morning. Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news organizations.
The Wall Street Journal
Jack Ma’s Ant Remains in Regulators’ Crosshairs Ahead of Giant IPO — Ant Group, the startup controlled by Jack Ma that is gearing up for a two-part initial public offering, wants potential investors to see it as a technology company—but it remains in focus with China’s financial regulators.Australia Targets Foreign Influence With Deal-Veto Legislation — Australia’s federal government is seeking the power to stop local and state deals with foreign governments, amid rising Australian concerns about Chinese influence.Chinese Tesla Rival to Raise $1.5 Billion in U.S. IPO — Xpeng will raise more than initially planned because of investor demand, selling 99.73 million American depositary shares at an offer price of $15.TikTok CEO Kevin Mayer
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