You Searched For "ant group regulation" and got 20 results
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2 mins read
Ant Group's $35 billion IPO could be back in play because it plans a JV with China-backed firms, report says
Chinese regulators had ordered Ant Group to restructure before allowing the fintech giant to comple…
Sophie Kiderlin
2 mins read
Jack Ma's Alibaba climbs after the the billionaire gives up control of Ant Group
Shares of the Chinese e-commerce giant climbed for the sixth consecutive trading session, and have …
Phil Rosen
3 mins read
China's central bank wants Jack Ma's Ant Group to overhaul its business model
The People's Bank of China asserts that Ma's enterprise needs to 'understand the necessity of …
2 mins read
China's Xi Jinping personally halted Ant's record-breaking $37 billion IPO after boss Jack Ma snubbed government leaders, report says
A week before Ant was set to go public, Ma made incendiary comments that didn't go down well with t…
Shalini Nagarajan
2 mins read
Ant Group's record $34.5 billion IPO suspended in Shanghai and Hong Kong a day after Jack Ma met with Chinese regulators
Changes in the financial-technology regulatory environment disqualified Ant Group from meeting info…
Shalini Nagarajan
3 mins read
Jack Ma's wealth tumbles by $12 billion in 2 months as China seeks to shrink the billionaire's financial empire
Jack Ma's net worth has dropped from about $62 billion to $50.9 billion, according to the Bloomberg…
Shalini Nagarajan
2 mins read
Jack Ma is no longer China's richest person after his confrontation with the state's financial regulators
He lost the top spot "after China's regulators reined in Ant Group and Alibaba on anti-trust issues…
Shalini Nagarajan
2 mins read
Alibaba's CEO said China's new tech regulations are 'timely and necessary' as the nation aims to keep internet firms from growing into powerful monopolies
Alibaba CEO Daniel Zhang's comments contrast sharply with those made by Jack Ma, whose Ant Group IP…
Katie Canales
3 mins read
As Jack Ma reportedly lays low, Chinese regulators are trying to push his fintech giant Ant Group to share consumer data with Beijing, according to the WSJ
Chinese regulators believe Ant Group has an unfair advantage over other lenders, officials and gove…
Kate Duffy
6 mins read
Not just small investors, even Alibaba-owned ANT Group and Softbank have lost money on Paytm
All the retail investors who lost money on Paytm’s public issue, it may bring you some solace that …
2 mins read
Fidelity cuts Ant Group's valuation in half to $144 billion after regulatory crackdown in China
Ant Group had been valued at nearly $300 billion by Fidelity ahead of its anticipated IPO, which wa…
Matthew Fox
2 mins read
Jack Ma's Ant Group gets the green light from Chinese regulators for its Hong Kong IPO, a report says
A confidential source told CNBC a hearing with the Hong Kong Stock Exchange will take place later o…
Saloni Sardana
2 mins read
Billionaire Jack Ma reportedly might give up his stake in Ant Group after sparring with regulators - but other Chinese businessmen who disagreed with lawmakers have faced harsher fates
Ren Zhiqiang, a retired real-estate tycoon, went missing in March after accusing the Communist Part…
Allana Akhtar
6 mins read
Jack Ma hasn't been seen in public since Ant Group's IPO was pulled. Here's how Chinese regulators slammed the brakes on the firm's would-be record-breaking $37 billion IPO.
Experts told Business Insider that Jack Ma's incendiary comments blasting China's banking rules pla…
Katie Canales
1 min read
Ant Group's IPO could be delayed more than 6 months amid regulatory pressure that may slash its valuation, report says
Lawyers involved in the listing of Ant's shares said the company would have to submit a new IPO pro…
Matthew Fox
2 mins read
Ant's record-breaking IPO attracts $3 trillion in retail-investor bids
Shares set to debut in Shanghai were oversubscribed 872 times, while the Hong Kong portion saw bids…
Ben Winck
2 mins read
Ant Group's record-shattering IPO is highly unlikely to get done in 2021, a new report says
The delay in Ant Group's IPO has led some analysts to slash its valuation estimate in half, accordi…
Matthew Fox
2 mins read
Alibaba jumps as cloud business reports first-ever quarterly profit
Alibaba reported a $3 million profit from its cloud business for the December quarter on record-bre…
Will Daniel
1 min read
Jack Ma sees $3 billion erased from his net worth as Alibaba shares tank following Ant Group IPO delay
Even with today's drop in shares of Alibaba, Jack Ma is still worth about $54 billion, according to…
Matthew Fox
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…