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Boutique investment firm China Renaissance just lured Alibaba-affiliated Ant Financial to buy a slug of its stock. For a consigliere to the likes of and Tencent, the investment invites some rather knotty problems, says @AlecMac11:

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Boutique investment firm China Renaissance just lured Alibaba-affiliated Ant Financial to buy a slug of its stock. For a consigliere to the likes of and Tencent, the investment invites some rather knotty problems, says AlecMac11:

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AlecMac11 nice turns of phrase there :)

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Chinese investment bank IPO flaunts tech conflictsAlibaba-affiliated Ant Financial has been lined up as a cornerstone investor in China Renaissance. Fan Bao’s boutique built its business advising JD and is among the last with loyalties to Jack Ma’s other big rival, Tencent. The knotty relationships potentially spell trouble.
ソース: Breakingviews - 🏆 470. / 51 続きを読む »

Shares of investment bank China Renaissance slip in early hours of debutChina Renaissance's initial public offering came hot on the heels of high-profile listings on Hong Kong's stock exchange by Chinese hotpot chain Haidilao and tech heavyweight Meituan Dianping.
ソース: CNBC - 🏆 12. / 72 続きを読む »