You Searched For "ant group regulation" and got 20 results
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2 mins read
China suspends Jack Ma’s $34 billion Ant Group listing — Alibaba shares plunge, Ma loses over $3 billion
Alibaba shares plunged by almost 10% in Hong Kong after the news of Ant Group's IPO suspension w…
2 mins read
Jack Ma reportedly made a surprise visit to Ant Group's headquarters in one of his few public appearances since China pulled the firm's $35 billion IPO
Jack Ma was reportedly seen smiling on a bus with other executives, marking the second time he's ap…
Katie Canales
1 min read
Embattled Chinese billionaire Jack Ma may divest his Ant Group stake and give up control, reports say
In the wake of his public comments about financial regulations, Jack Ma may potentially exit his An…
Kevin Shalvey
1 min read
Jack Ma showed up at a videoconference with Putin in his first public appearance since China cracked down on him and fined his company
Jack Ma was seen at a videoconference meeting of the Russian Geographical Society with Russian Pres…
Sinéad Baker
3 mins read
Billionaire Jack Ma was one of China's biggest success stories. The government turning on him speaks to an animosity against billionaires in the Communist country.
China isn't just cracking down on Jack Ma - the Communist Party is reining in billionaires as the w…
Katie Canales
2 mins read
China has reportedly asked Jack Ma's Alibaba to get rid of its media assets
According to a The Wall Street Journal report citing people familiar with the matter, Chinese of…
1 min read
Ant Group CEO Simon Hu has resigned from the Chinese fintech giant
Simon Hu, the CEO of Jack Ma's Ant Group, resigned for personal reasons, Bloomberg first reported.
Grace Dean
1 min read
Jack Ma appears to have been at home and traveling within China amid months of speculation over his whereabouts after crackdown on his companies
Flight records show the billionaire founder of Alibaba and Ant Group has mostly been at home, in Be…
Kelsey Vlamis
2 mins read
Jack Ma's Ant Group raises its funding target to $35 billion, likely making it the largest IPO ever
When Ant goes public, it will likely earn a massive valuation that puts it ahead of Saudi Aramco's …
Shalini Nagarajan
2 mins read
Jack Ma plans to shrink his business, bow to pressure after being slapped down by the Chinese government
Jack Ma's Ant Group has submitted a restructuring plan to regulators after pressure from Beijing, T…
Sinéad Baker
2 mins read
Jack Ma's Ant Group reportedly plans to transform into a financial holding company overseen by China's central bank
Jack Ma's Ant Group becoming a financial holding company would give Chinese regulators oversight of…
Grace Dean
2 mins read
Alibaba jumps 5% after billionaire Jack Ma appeared in a 50-second videoclip after weeks of laying low
The billionaire, who is a former English teacher, seemed to embrace themes promoted by China's Comm…
Shalini Nagarajan
2 mins read
Billionaire Jack Ma appears to have resurfaced in a quick 50-second videoconference clip, according to Chinese-owned media
Before the video call, which allegedly took place on Wednesday, the Alibaba founder hadn't been see…
Katie Warren
3 mins read
Traders are sharing memes and desperately searching for Jack Ma's profile on Bloomberg's terminal to try and work out where the Chinese billionaire is
Traders across the globe are checking out Jack Ma's "offline" profile on the Bloomberg Terminal, ma…
Spriha Srivastava
2 mins read
Alibaba founder Jack Ma is reportedly not missing and has been laying low amid China's crackdown on his businesses
CNBC anchor David Faber said Ma has not been "captured" or "taken," but is likely staying out of th…
Katie Canales
2 mins read
Where is Jack Ma? Alibaba's billionaire founder hasn't been seen publicly in 2 months following China's crackdowns on his companies
Chinese regulators have recently cracked down on Ma's companies, the e-commerce giant Alibaba and t…
Katie Warren
3 mins read
China has ordered Ant Group to overhaul its goliath financial business and 'return to its payment origins'
Jack Ma's Ant started as a payments processor for Alibaba before veering into other financial servi…
Katie Canales
2 mins read
China launches an antitrust investigation into Alibaba as its crackdown on Jack Ma's tech empire continues
Jack Ma's Alibaba investigated over alleged anti-monopolistic practices, while Ant Group is being u…
Grace Dean
3 mins read
Jack Ma reportedly tried and failed to schmooze China with an offer to give 'any of the platforms Ant has' to the government before officials pulled its $37 billion IPO
Chinese billionaire Jack Ma's reported offer came after he publicly scorned the government and befo…
Katie Canales
2 mins read
Jack Ma's fintech Ant Group is planning a massive dual-listing IPO in Shanghai and Hong Kong, skipping New York
One beneficiary of the Ant IPO? Jack Ma's Alibaba, which acquired a 33% stake in the fintech compan…