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Ant Group

ant and alibaba
News

Ant and Alibaba are untangling operations amid China crackdown

June 22, 2022 News Centre 0

Ant and Alibaba untangle their operations from each other and independently seek new business as they navigate China’s regulatory crackdown. Read more…

Ant Group financial holding
News

China’s central bank accepts Ant Group’s financial application

June 17, 2022 News Centre 0

HONG KONG (Reuters) – China’s central bank has accepted Ant Group’s application to set up a financial holding company, three people with knowledge of the matter said, a key step in finishing a year-long revamp Read more…

Jack Ma Trump
News

Did Jack Ma, Chinese billionaire, fly close to the sun?

November 5, 2021 News Centre 0

This was supposed to be Jack Ma’s finest hour: a year ago to the day, his Ant Group was meant to go public in a $37 billion blaze of glory. Read more…

Ant Group state Alipay
Views

Antpocalypse now – the state seals Ant Group’s fate

September 15, 2021 Richard Windsor 0

Further interventions into the Ant Group by the regulator ensure that the businesses will be less nimble, less efficient, and less innovative Read more…

credit scoring Ant China
News

Chinese state firms to take big stake in Ant’s credit-scoring joint venture

September 1, 2021 News Centre 0

State-backed firms are set to take a sizeable stake in a key Ant Group credit-scoring asset, in a move that will loosen the giant’s grip. Read more…

Ant Group disrupt banks
News

Ant disrupts market dominated by banks despite regulatory crackdown

May 17, 2021 News Centre 0

Ant Group became China’s largest seller of non-money-market mutual funds disrupting market dominated by banks despite a regulatory crackdown. Read more…

Chinese regulators Jack Ma
News

Chinese regulators pressure Ant Group for Jack Ma to give up control

April 18, 2021 News Centre 0

Ant Group is exploring options for founder Jack Ma to divest his stake and give up control as Chinese regulators pile on the pressure. Read more…

Ant Group restructuring
News

China imposes sweeping restructuring on Jack Ma’s Ant Group

April 14, 2021 News Centre 0

China has imposed a sweeping restructuring on Jack Ma’s Ant Group, underscoring Beijing’s determination to rein in its internet giants. Read more…

restructuring plan Ant Group
News

Ant Group agrees restructuring plan with Chinese regulators

February 4, 2021 News Centre 0

Ant Group has agreed a restructuring plan with Chinese regulators under which the fintech giant will become a financial holding company. Read more…

CIMB Ant Group e-wallet
News

Ant-CIMB Malaysian e-wallet joint venture in talks to raise $150mn

January 22, 2021 News Centre 0

Malaysian e-wallet operator owned by CIMB Group and China’s Ant Group is in advanced talks to raise $150 million to fund expansion plans. Read more…

online banking digital licences
News

Singapore hands out first digital licences in big banking shakeup

December 4, 2020 News Centre 0

A number of consortiums have won licences to run Singapore’s first digital banks, in the city-state’s biggest banking shakeup in two decades. Read more…

Paytm Ant Group India Sharma
News

Ant Group considering selling its 30% stake in Paytm amid tensions

December 3, 2020 News Centre 0

Chinese fintech giant Ant Group is considering selling its 30% stake in Indian digital payment processor Paytm amid tensions. Read more…

antitrust regulation China
News

At China’s World Internet Conference few talked about antitrust regulation

November 26, 2020 News Centre 0

WUZHEN, China (Reuters) – China’s annual World Internet Conference is usually a forum for luminaries from the country’s online giants and government bodies to discuss pressing issues of the day. But this year, few people Read more…

tech giant
Features

What is China’s Ant Group – tech giant or financial colossus?

November 4, 2020 News Centre 0

China’s Ant Group, about to make the biggest public sale of shares ever, poses a basic conundrum: is it – a financial colossus or tech giant? Read more…

Ant Group market value chinese tech stocks
News

China suspends Ant Group’s market listing forcing Ant to freeze HK listing

November 4, 2020 News Centre 0

China suspended Ant Group’s $37 billion stock market listing on Tuesday, thwarting the world’s largest IPO with just days to go, Read more…

Ant Group biggest IPO
News

Ant Group sets $34bn terms for the world’s biggest IPO in China, not USA

October 26, 2020 News Centre 0

Ant Group aims raising up to $34.4bn from the world’s biggest IPO, with investors scrambling for a piece of the fast-growing company. Read more…

Ant Group IPO investors
News

Small investors scramble to Ant Group’s once-in-a-lifetime Shanghai IPO

October 24, 2020 News Centre 0

Ant Group’s IPO listing has led to a scramble among smaller investors for what some see as a once-in-a-lifetime opportunity. Read more…

securities regulator Ant Group
News

China’s securities regulator now probing Ant Group’s planned IPO

October 14, 2020 News Centre 0

China’s securities regulator is probing a potential conflict of interest in fintech giant Ant Group’s planned $35 billion stock listing. Read more…

China's Ant Group
News

China’s Ant Group gets added to the list of US ‘threats’

October 9, 2020 News Centre 0

The US is considering restrictions on China’s Ant Group over concerns their digital payment platforms threaten national security. Read more…

Shanghai
News

Shanghai gives go ahead for Ant Group IPO, backed by Alibaba

September 21, 2020 News Centre 0

China’s Ant Group has received approval from the Shanghai Stock Exchange for a domestic initial public offering, the bourse said on Friday Read more…

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Popular Posts
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