Topline Alibaba co-founder Jack Ma was recently seen in Australia, Bloomberg reported, in what appears to be a continuation of a quiet world tour for the elusive Chinese billionaire who has largely ke...
Tag: Ant Group
Billionaire Jack Ma Reportedly Visits Hong Kong As Regulatory Pressure Eases In Mainland China
Alibaba Group cofounder Jack Ma. AP Photo/Firdia Lisnawati Jack Ma, the cofounder of Chinese e-commerce giant Alibaba, is now in Hong Kong to meet friends and finance executives, the Hong Kong Economi...
Markets Rise On Epic Foreign Inflow As Internet Stocks Climb The Wall Of Worry, Week In Review
China Last Night KraneShares Week in Review China’s December CPI was released at +1.8% versus November’s +1.6%, meeting expectations of 1.8%. On Wednesday, The World Bank cut its 2023 global GDP growt...
Alibaba’s Ant Could Be Marching Toward An IPO, CNY’s Remarkable Ghost Rally
Key News Asian equities had a strong day as Japan was on holiday for Respect for the Aged Day. Jack Ma’s voting rights in financial technology giant Ant Group were lowered to 6.2% from 53.4%, though h...
Reopening Rolls On, Clean Tech Jumps, Week In Review
China Last Night KraneShares Week in Review Asian equities started 2023 with China outperforming as the country gears up to allow foreign visitors to enter the country quarantine-free starting Sunday....
Jack Ma’s Ant Group Gets Regulatory Nod For $1.5 Billion Capital Increase Plan
Jack Ma, co-founder of e-commerce giant Alibaba and fintech giant Ant Group. (Photo by Chesnot/Getty Images) Getty Images Chinese billionaire Jack Ma’s Ant Group won regulatory approval to boost the r...
Meituan Earnings Excel, Week In Review
China Last Night KraneShares Week in Review Asian equities ended a choppy trading week mostly lower on global growth concerns, while China real estate developers outperformed as policy support begins ...
Ant Group Fine Is Fine, PCAOB Increases Budget
China Last Night KraneShares Key News Asian equities were mixed but mostly higher overnight as Hong Kong underperformed. US Defense Secretary Lloyd Austin met with his Chinese counterpart Wei Fenghe i...
Growth Stocks Clipped, China & US Contend With Slowing GDP Growth, Week In Review
China Last Night KraneShares Week in Review Asian equities had a mixed but mostly higher week as markets digested the Fed’s rate cut of 75 basis points, as expected, on Wednesday and a bailout fund fo...
Chinese Billionaire Jack Ma To Cede Control Of Fintech Giant Ant Group: WSJ
Jack Ma takes part in the “Valuing What Matters” Plenary Session during the third day of the Clinton Global Initiative’s 10th Annual Meeting at the Sheraton New York Hotel & Towe...
Jack Ma Reportedly Set To Relinquish Control Of Ant Group After China’s Tech Crackdown
Topline Tech billionaire Jack Ma will reportedly give up control of Chinese fintech major Ant Group as part of an effort to ease regulatory concerns around the company, the Wall Street Journal reporte...
Chinese Ride-Sharing Giant Didi Global Fined More Than $1 Billion In Year-Long Cybersecurity Probe
Didi’s ride-sharing app. Costfoto/Future Publishing via Getty Images Chinese authorities have decided to impose an 8 billion yuan ($1.2 billion) fine on embattled ride-sharing giant Didi Global,...
Alibaba Leads Hong Kong Internet Charge, Week In Review
China Last Night KraneShares Week in Review Asian equities were mixed this week as South Korea faltered and China markets gained, especially the internet sector, which saw a major improvement in senti...
JD And Alibaba Lead Internet Rally, PBOC Accepts Ant’s Financial Holding Company Application, Week In Review
China Last Night KraneShares Week in Review Hong Kong and Mainland China were the only markets in Asia with positive performance for the week. Southbound Stock Connect volumes were elevated on Monday ...
Alibaba Bounces As China Outperforms On Muted Inflation, Week In Review
China Last Night KraneShares Week in Review On Monday, it was reported that the cybersecurity review of Didi had been completed. The review’s conclusion should allow Didi, along with Full Truck Allian...
China’s Securities Regulator Denies Conducting Review Of Ant Group’s IPO
The Ant Group and Alibaba Group logos are displayed behind a reception desk at the company’s headquarters in Hangzhou, China. Qilai Shen/Bloomberg China’s securities regulator said that it isn’t...
Ant IPO, Bilibili Q1, 618 Event, Nio Q1 & Inclusion
China Last Night KraneShares Key News Asian equities were lower overnight, less India as Hong Kong internet names pulled back after yesterday’s monster move (or, as my Boston friends would say, Monsta...
Billionaire Jack Ma’s Ant Group Launches Digital Bank In Singapore
A visitor takes a photo of Ant Group’s display at the 2021 China International Fair for Trade in … [+] Services in Beijing on September 5, 2021. An Xin/Costfoto/Future Publishing via Getty...
Markets Wait For PBOC, Internet Stocks Play Catch Up
China Last Night KraneShares Key News There was a strong storm in NYC last night. The wind howled like a hurricane, waking me up several times. My patchy sleep was similar to Asian markets, which were...
Ant Group to Acquire Majority Ownership of Payments Platform 2C2P
Alibaba Group’s Ant Group will become the majority owner of Singapore-based payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a leg...
Bank RRR Cut Anticipation Lifts Markets
China Last Night KraneShares Key News Asian equities had a mixed night, as China, Hong Kong, and Japan outperformed. At the same time, India, the Philippines, and Thailand got an early start to the lo...
A Quiet End To A Wild Week, Week In Review
Week in Review This week saw heightened volatility in the internet sector as the Hang Seng TECH Index was down over -11% on Monday as Asian investors appeared to be taking the Holding Foreign Companie...
Warren Buffett Wins Big With ‘Moneyball’ Gamble
Warren Buffett speaks at the Goldman Sachs 10,000 Small Businesses Summit in Washington, D.C., on … [+] February 13, 2018. Andrew Harrer/Bloomberg Warren Buffett’s still got it, at least if rece...