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...
10 Jul, 2023, 06.12 PM IST
Explained: What’s next for Ant after its nearly $1 billion fine?Ant's story so far has been one of a dramatic reversal in fortunes: while its shelved $37 billion IPO in 2020 had valued the company at $31...
10 Jul, 2023, 05.57 PM IST
Ant's surprise share buyback values firm at steep 75% discount to IPOAnt's major shareholders, Hangzhou Junhan Equity Investment Partnership and Hangzhou Junao Equity Investment Partnership, have voluntarily ...
08 Jul, 2023, 02.20 PM IST
China's central bank accepts Ant's application for financial holding companyThe People's Bank of China's (PBOC) expected approval of the plan is the latest sign that Ant, a tech giant with financial businesses stret...
17 Jun, 2022, 06.49 PM IST
Investor Warburg cuts Ant valuation by 15% to below $200 billionWarburg's cutting of Ant's worth comes after some other global investors have already slashed their valuations and shows scepticism about i...
25 Nov, 2021, 11.58 AM IST
Timeline: Events leading up to China's $2.75 billion fine on AlibabaAlibaba has come under intense scrutiny in China since its billionaire founder Jack Ma's stinging public criticism of the country's regulat...
12 Apr, 2021, 01.54 PM IST
Timeline: Events leading up to China's $2.75 billion fine on AlibabaThe Alibaba business empire has come under intense scrutiny in China since its billionaire founder Jack Ma's stinging public criticism of t...
10 Apr, 2021, 01.17 PM IST
Investors value China's Ant Group at over $200 bn after IPO halt: SourcesThe number is about a third above Ant's valuation after its last fundraising in 2018 when it emerged as the world's most-valuable unlisted ...
16 Mar, 2021, 07.35 PM IST
Global investors value China's Ant Group at over $200 billion: ReportThe number is at least a third above Ant's valuation after its last fundraising in 2018 when it emerged as the world's most valuable unlist...
16 Mar, 2021, 12.29 PM IST
Ant is said to face slim chance of getting IPO done in 2021Ant is still in the early stages of reviewing changes needed to appease regulators, who demand that its business comply with a slate of new...
30 Nov, 2020, 11.21 AM IST
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,...
04 Nov, 2020, 07.37 PM IST
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...
04 Nov, 2020, 11.02 AM IST
Ant Group's IPO sees record $3 trillion in retail demandAnt's dual listing is set to raise about $34.4 billion, split fairly evenly between Shanghai's STAR Market and Hong Kong, topping Saudi Ara...
31 Oct, 2020, 12.07 PM IST
Ant's record strategic allocation in Shanghai IPO fuels small investor scrambleAnt, backed by e-commerce firm Alibaba Group , has launched a dual-listing process in Hong Kong and on Shanghai's STAR Market, and the offe...
23 Oct, 2020, 09.16 PM IST
Alibaba's Ant Group files for blockbuster Hong Kong, Shanghai dual listingAnt said in its filing with the Shanghai bourse that it plans to sell no less than 10 per cent of its enlarged share capital in the dual-li...
25 Aug, 2020, 04.25 PM IST
King of Unicorns: At $150 billion valuation, Ant Financial is almost double the worth of UberChina’s government is concerned about the financial and systemic risks that surround Ant, yet it must also be quite impressed with how far ...
09 Jun, 2018, 11.22 AM IST
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...
25 Aug, 2016, 03.38 PM IST