Vijay Shekhar Sharma's Resilient Asset to sell 4.98% Paytm stake; Antfin to retain economic proceedsResilient Asset Management plans to sell up to 4.98% stake in Paytm parent One 97 Communications through a block deal worth Rs 5,000 crore....
China's Ant Group plans to list overseas unit in Hong Kong, report saysAnt was founded by billionaire Jack Ma and is 33% controlled by Alibaba. It operates China's ubiquitous mobile payments app Alipay. Chinese...
China's Ant Group plans to list overseas unit in Hong Kong: ReportAnt Group, affiliated with Alibaba, is reportedly planning to list its overseas arm, Ant International, on the Hong Kong stock exchange. Th...
Rahul Jain on how VSS AntFin deal will prove to be good for Paytm"The way the financials have moved over the last couple of quarters, there's a lot of merit in the business. The value of the stock in our ...
Alibaba shares rise 5.5% amid hopes Ant regulatory crackdown is endingThe scrutiny of the last two years created an uncertain environment that wiped billions off China tech sector share prices, including onlin...
Shares of Ant-linked firms rise after news of Jack Ma ceding control; Alibaba jumpsWhile some analysts have said a relinquishing of control could clear the way for the company to revive its initial public offering (IPO), t...
Ant Group gets green light for $1.5 bn fundraising planAfter the deal goes through, Ant -- in which ecommerce titan Alibaba has a stake -- will have contributed a total of 9.25 billion yuan and ...
Ant's employees expected a windfall. They got unsellable sharesIt has shelved a share buyback program for current and departing staff, in part because of uncertainty over how to value the company.
Chinese President Xi Jinping decided to halt Ant's IPO: WSJThe decision to stop what would have been the world's largest ever IPO, came days after the fintech giant's billionaire founder Jack Ma lau...
For some Ant investors, outrage that regulatory risks weren't flagged betterAnt did make disclosures about major regulatory risks in China in its prospectus and investors are expected to factor in a degree of regula...
Ant's IPO fiasco set to clip its wings and dent its value"Ant's business is likely to be restricted by new financial regulations. As a result, the relaunched IPO price will most likely be lowered,...
Ant Group's $37 billion IPO suspended in both Shanghai and Hong KongThe Shanghai stock exchange announced that it had suspended the company's initial public offering (IPO) on its STAR Market, prompting Ant t...
Jack Ma’s wealth drops $3 billion after Ant Group IPO freezeMa, a 56-year-old former English teacher who co-founded Alibaba with $60,000 and turned it into China’s largest e-commerce company, would h...
Shanghai stock exchange suspends Ant Group's A-share IPOAnt was set to go public in Hong Kong and Shanghai on Thursday after raising about $37 billion.
Brokers offer 20 times leverage for ‘deal of the decade’ Ant IPOWhile higher-than-normal leverage could help supercharge demand for one of the most hotly anticipated IPOs in years, it exposes both invest...
Jack Ma's Ant Group wins Shanghai OK for launch of giant dual IPOBacked by Chinese e-commerce giant Alibaba, Ant plans to list simultaneously in Hong Kong and on Shanghai's STAR Market, in what sources ha...
Alipay owner said to plan Hong Kong IPO in first half of 2017Mainland China’s restrictions on stock options are discouraging Zhejiang Ant Small & Micro Financial Services Group Co. from its original p...