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Ant Group
Company in the news
China orders Ant to return to its roots in payment services
The central bank summoned Ant executives and told them to rectify the company’s lending, insurance and wealth management services.
December 27, 2020
Company in the news
China targets Jack Ma’s Alibaba empire in monopoly probe
“Wild growth” in markets needs to be curbed by law, said the People's Daily.
December 24, 2020
Zest
MAS awards digital bank licences to two consortiums, two entities
Four licences to operate digital banks in Singapore have been awarded by the Monetary Authority of Singapore (MAS) today.
December 04, 2020
Global Economy
Briefs
Fauci predicts positive data from second Covid-19 vaccine soon
November 13, 2020
Global Economy
The opportunities in China's new economy
China's "new economy" is worth watching, and many opportunites like in the IT, consumer discretionary and healthcare sectors.
November 13, 2020
IPO
Jack Ma's botched Ant IPO becomes boost for state banks
China Merchants Bank Co. and other state-backed lenders have emerged as the biggest winners from the new regulations.
November 10, 2020
IPO
Ant Group’s stalled IPO could reduce its value by US$140 bil
The reduced valuation also means potentially lower fees for investment banks that were counting on a windfall from the IPO.
November 09, 2020
Company in the news
Alibaba's slowing sales spook investors on edge over Ant
Alibaba Group Holding Ltd.’s revenue grew at its slowest pace on record for a September quarter.
November 06, 2020
IPO
Derailing of Jack Ma’s Ant IPO shows Xi Jinping's in charge
The episode is likely to reinforce the notion that the party calls all the shots when it comes to major business decisions.
November 05, 2020
IPO
Ant Group's Long March
Ant has demonstrated creativity and tenacity in its short history
November 04, 2020