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...
Tag: Ant
Biden & Xi To Meet, Gensler Signals Progress On Audit Deal
Key News Asian equities were mostly higher overnight except for Hong Kong and Taiwan. Biden and China’s President Xi are scheduled to meet sometime in the next few days. The two leaders are apt to foc...
Jack Ma to cede Ant Group control
After almost a full year of exceptional pressure from the Chinese regulators, billionaire Jack Ma is planning to give up control of Ant Group. This move comes in an effort to move away Ant from Alibab...
Chinese tech giants including Tencent and Ant Group pledge to ban NFTs
Leading Chinese tech companies, including Tencent, JD.com and Ant Group, have pledged to ban non-fungible tokens (NFTs) and crypto marketplaces as part of the country’s latest wave to outlaw the digit...
Alibaba, NIO stocks soar after report Ant Group OK’d to set up financial holding company
The U.S.-listed shares of China-based companies were seeing big and broad gains in premarket trading Friday, after Reuters reported that China’s central bank accepted Ant Group’s applicati...
Ant Group IPO Revival Buffets Alibaba Stock
I was amazed when I got the breaking news alert on my phone here in Hong Kong at 8:48 p.m. Thursday. The Alibaba Group Holding (BABA) spinoff Ant Group is reviving plans for its initial public offerin...
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...
Jack Ma’s Ant Group Launched a Digital Bank Focused on Small Busineses in Singapore
Chinese billionaire Jack Ma’s Ant Group announced the soft launch of its Singapore-based digital bank – ANEXT Bank – on Monday, marking its latest foray in cracking into digital banking beyond its dom...
Alibaba’s Ant Group Floats New Digital Bank ANEXT in Singapore
Ant Group, a majority-owned fintech firm of Alibaba Group Holdings has launched ANEXT, a digital bank following a nod from the Monetary Authority of Singapore (MAS) earlier this month. The move comes ...
Ant Group Launches Neobank In Singapore: Details
Ant Group has recently announced the launch of a neobank in Singapore. Ant Group is the firm that is behind the largest digital payment platform in China, Alipay. Small and medium enterprises are goin...
Jack Ma’s Ant Group launches digital bank in Singapore
Ant Group, the company behind China’s largest digital payment platform Alipay, has launched a neobank in Singapore. Named Anext Bank, it will target small and medium enterprises (SMEs), it said...
Ant Group launches digital banking service in Singapore to serve small firms doing international trades
Chinese fintech giant Ant Group has launched a digital banking service in Singapore to serve the needs of small businesses doing cross-border trades. The wholesale banking service will be provided by ...
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...
Ant Unveils Singapore Digital Bank in Southeast Asian Push
(Bloomberg) — Billionaire Jack Ma’s Ant Group Co. launched its digital bank in Singapore, as China’s largest online financial platform branches out of its home market amid regulatory headwinds. ...
Alibaba’s Ant Group Buys Majority Stake In Singapore Fintech 2C2P
The Ant Group Co. headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Alibaba Group … [+] Holding Ltd.’s fintech affiliate Ant Group Co. had its initial public offering torpedoed...
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...
Jack Ma’s Ant Sells China Media Firm Shares as Scrutiny Persists
(Bloomberg) — Billionaire Jack Ma’s Ant Group Co. sold its entire stake in the tech outlet 36Kr Holdings Inc., the latest asset disposal in its bid to comply with demands by China’s regulators. ...
China Tells Banks, State Firms to Report Exposure to Jack Ma’s Ant
(Bloomberg) — Chinese authorities told the nation’s biggest state-owned firms and banks to start a fresh round of checks on their financial exposure and other links to Ant Group Co., renewing sc...