The People’s Bank of China has confirmed the payment app no longer has a controller after Ma gave up most of his voting rights
Once an illustrious Chinese technology giant, Ant is emerging from a near three-year-long regulatory crackdown that started with the shelving of its planned mega listing in 2020
Investors are now hoping the strict rules that have stymied growth since late 2020 will start to ease, after China's central bank slapped a nearly $1 billion fine on Ant Group
The announcement came a day after the group was fined $984 million in what is likely to be the end of a years-long regulatory crackdown on the once storied Chinese company
Billionaire Jack Ma's fintech group aims to file a preliminary prospectus for the share offering in Shanghai and Hong Kong as early as next month, sources told Reuters
(ATF) China has opened a new chapter of stronger regulation over monopolistic practices by internet giants such...
China warned its internet giants on Monday it would not tolerate monopolistic practices and to brace for increased scrutiny, as...
(ATF) China’s national online lending companies – estimated to number from 5,000 to 7,000 at the beginning of...
(ATF) At noon on November 10, Chinese officials issued a report with a long and boring title that...
(ATF) More insight has been given into the thinking of Chinese regulators behind the...
Closer study of China's new microfinance rules makes the initial public offering proposed by Ant look increasingly unlikely – or that it might only happen on a much smaller scale in the future.
China’s last-minute abandonment of Ant Group’s record-breaking IPO stems from an intensifying battle for the soul...