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KEY STAT | Xiaomi reclaims third place in global smartphone market after 6 years
But some analysts claim Xiaomi lost its lead in India to Samsung.
1 min read
The Chinese carmaker is in the process of filing a Shanghai IPO.
The gaming giant's stock price also hit a record high.
Chinese companies will spend a total of USD 256 billion on digital transformation initiatives in 2020.
Ant Group's shares will be ready for public trading in Shanghai and Hong Kong next week.
China's National Social Security Fund is the biggest external institutional shareholder of Ant Group.
Lufax's initial public offering would become one of the biggest by a Chinese company in the US this year.
Alibaba is subscribing for a fifth of the available Ant shares in the IPO, that could raise as much as USD 35 billion.
Tencent's Pony Ma registers the biggest personal wealth increase among all the names on the rich list.