AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat
Jack Ma's Ant posted 21.8b yuan profit after IPO halt
[SHANGHAI] Ant Group's profit rose to 21.8 billion yuan in the December quarter after Chinese regulators thwarted its record initial public offering and told it to scale back its sprawling business.Billionaire Jack Ma's fintech giant contributed nearly 7.2 billion yuan to Alibaba Group Holding's earnings, a company filing showed on Thursday.Based on Alibaba's one-third stake in Ant, that translates to 21.8 billion yuan in profit, up 50 per cent from 14.5 billion yuan in the previous three month