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ANT GROUP CO
Stocks in news: RIL, IDFC First Bank, Paytm, Sun Pharma, Manappuram FinanceIndian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...
IMF to cut global growth forecast due to Mideast warWest Asia War: The International Monetary Fund will reduce global growth predictions because of the Middle East war. IMF chief Kristalina G...
Ant completes process of removing Jack Ma’s controlAs part of the process, the People’s Bank of China granted an application to remove any controlling shareholders at Ant’s Chinese payment p...
Vanguard sells stake in joint venture with Ant: reportThe move comes months after a Reuters report said Vanguard was mulling a retreat from China, the second largest economy in the world, after...
Jack Ma’s clash with Beijing costs Ant, Alibaba $850 billionChinese authorities said on Friday they would wrap up a probe into Ant with the financial technology company paying a fine of almost $1 bil...
Ant to buy back shares at 70% lower valuation than at IPOThe limited partners also committed to retaining the two dividends in 2022 with Hangzhou Junhan and Hangzhou Junao to enhance the operation...
Jack Ma’s Ant Group wins approval for $1.5 billion capital planThe China Banking and Insurance Regulatory Commission division in Chongqing green-lit the company’s plan to lift its capital to 18.5 billio...
Fidelity, BlackRock cut fintech giant Ant’s valuation furtherBoston-based Fidelity Investments cut its estimate for Ant to $70 billion at the end of May, according to Bloomberg calculations based on f...
Jack Ma to give up control of Ant Group: reportMa might transfer his voting power to other Ant officials, including CEO Eric Jing, after which they would collectively control the company.
Tencent boss loses $14 billion in rout, more than Jack MaIn a twist that has upended conventional wisdom on the political pecking order of China’s business elite, Tencent Holdings Ltd.’s mild-mann...
China’s central bank says it will keep pressure on crypto marketThe People’s Bank of China will also supervise financial platform companies to rectify their practices according to regulations, it said in...
Inside the chaotic unraveling of Jack Ma’s $35 billion IPOThe subsequent unraveling of the $35 billion share sale has thrust Ma’s fintech giant into turmoil, offering a stark reminder that even Chi...
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...
Alibaba falls after Ant Group’s IPO is suspendedAnt Group Co. said its listings in both Shanghai and Hong Kong have been suspended.
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.
Ant Group IPO: China's regulators summon Jack MaThe regulators on Monday met with Ant Group's co-founder Jack Ma, executive chairman Eric Jing and chief executive Simon Hu, without elabor...
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...
The pessimist’s guide to Jack Ma’s record-breaking Ant IPOAnt’s meteoric rise was made possible in part by China’s willingness to let it experiment. Now that the fintech giant is a dominant player ...
Jack Ma’s Ant seeks to raise $35 billion in biggest-ever IPOThe company may raise another $5.17 billion if it exercises it Hong Kong and Shanghai green shoe options. That would give Ant a valuation o...
Paytm fires back at Google for ‘violating competition rules’The trouble arose over a Paytm Cricket League contest unveiled on Friday morning, which allowed users to win stickers featuring their favor...