2021

China Reforms Bring New Funds

China Reforms Bring New Funds

BlackRock received the license in June 2021 as the first foreign financial institution to operate a wholly owned China subsidiary, BlackRock Fund Management. 

2020

Ant Group Goes Public

Ant Group Goes Public

With Shanghai’s expedited approval, and the Hong Kong IPO hearing most likely in late September, Ant’s IPO could happen as soon as October.

Simon Property Group Banks On Retail

Simon Property Group Banks On Retail

A number of major retailers in the US filed for Chapter 11 bankruptcy protection during the pandemic, including Sears and J.C. Penney.