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.
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The Wall Street Journal
Ant IPO Sets Off $3 Trillion Scramble Among Small Investors — More than 5 million individuals in mainland China have placed orders for shares; investors also piling on in Hong Kong.U.S. Blacklists Iranian, Chinese Companies Accused of Helping Iran Evade Energy Sanctions — The country files forfeiture actions against Iranian missiles seized recently by U.S. Navy.
The Financial Times
China turns to domestic demand to power economy — Xi Jinping’s administration will focus on ‘self-sufficiency’ in a range of technological sectors dominated by t
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