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Wednesday, November 4, 2020 Headlines

November 4, 2020
in DAILY UPDATES
Reading Time: 4min read
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Biden announced $ 1.9 trillion stimulus package; USA blacklisted Chinese smartphone giant; Fed Chairman Powell's statement of interest
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Here is the list of news you need to catch up for today:

  1. China suspended Ant Group’s $35bn stock market listing 
  2. Trump Wins in Battleground State Florida
  3. Trump Claims He Has Won the Presidential Election by Making Assertive Comments

Ant Group Record IPO Got Suspended

The public offering of the financial technology giant Ant Group, which was expected to go into stock market history with record of 35 billion dollars, has been suspended. While the company stated that it will make a detailed statement on the issue, it was noteworthy that the suspension of the public offering came after the meeting with the Chinese Central Bank and Regulatory Agencies.

The IPO of Chinese financial technology company Ant Group, which was expected to raise around $ 35 billion, was unexpectedly suspended. Ant Group, which would offer 11 percent of the company’s shares on the Shanghai and Hong Kong stock exchanges, would thus surpass Saudi Aramco.

According to preliminary determinations, Ant Group shares were expected to be traded at $ 10-10.5 and demand was reported to be very high.

In the statement made by the company, it was said that a detailed explanation will be made later on the suspension of the public offering. It was noteworthy that Ant mentioned its listing had been suspended by the Shangai stock exchange after a meeting that a founder Jack Ma and top executive had with the Chinese Financial Regulators.

Trump Wins in Battleground State Florida

Last minute news regarding the US election keep coming, while people are waiting for the results and the final decision about its next president to arrive. Republican Donald Trump and Democrat Joe Biden are competing for the 46th presidential election in the US In the two-stage election, the candidate who receives 270 votes from the Selection Committee with 538 delegates will be the President of the USA. Voting results of some regions are considered to be critical, it determines the states that played a key role in the election outcome. 98 percent of the votes were counted in Florida, one of the most critical states of the election. According to that; Trump has 51.3% of the votes, while Biden has 47.8% with 98% ballots counted. Here are the last minute developments regarding the US elections:

It is stated that Joe Biden won Arizona, which is among the critical states in the USA. The candidate who wins Arizona gets all 11 delegates. With the latest developments, the number of representatives of Biden in the electoral committee was recorded as 238 and Trump as 213.

While the race in the US presidential elections continues at full speed, it was announced that the name that took the lead in the state of Maine was Democrat candidate Joe Biden. Biden, who won the Maine election, brought three more delegates to his household.

Photo: C Drying/Unsplash

Trump Claims He Has Won the Presidential Election by Making Assertive Comments

President Trump’s Conference Today: ‘’ We Won the Election, We Want the Voting to Stop, We Will Go to the Supreme Court. ‘’

Some of the key comments Trump has made while the votes are still being counted:

They didn’t expect us to win in Florida, we won by a big difference. We also won Ohio. We also won Texas. Currently they do not add them. We also won Georgia. We are 117 thousand votes ahead. Similarly, we are ahead in North Carolina.

”They counted Arizona as Biden, but they call it Trump zone, everyone here is a Trump voter, it may change.”

Imagine that we’re 690,000 ahead in Pennsylvania, and they can’t even pass near them. 64 percent counted, and it’s almost impossible for them to catch us.

We’re winning Michigan too. We were way ahead. Almost 300 thousand votes and 60 percent of ballot boxes were opened.

I met with the Governor of Texas, he called me, congratulated me, he told me that I won, “what’s going on?

Thank you to all our supporters.

I will probably be your president.

We won the election, we want the voting to stop, we go to the Supreme Court.

The list goes on and it seems like President Donald Trump has already declared his victory by making these comments. However, the results haven’t been finalized yet, therefore it is still early to declare the winner.

Tags: ANT GroupAramcoDonald TrumpJoe BidenUS ELECTIONS
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