Ant Group

101 results about this entity

Period: 20 Sep 2018 - 06 Dec 2024

/regulation

China’s fintechs face an uphill battle with listings - CNBC

Going public in China is proving to be something of an uphill battle for fintechs, and new guidelines released by the China Securities Regulatory Commission (CSRC) are only further complicating the process.

/payments

DBS completes first trade transaction on Ant Group's Trusple blockchain

DBS is the first Asian bank to successfully close a trade financing transaction on Ant Group's blockchain platform Trusple.

/people

Ant Group CEO resigns

Ant Group CEO Simon Hu has resigned for "personal reasons" months after the Chinese fintech giant was forced to abandon its IPO amidst regulatory pressure.

/regulation

Ant tussles with Beijing on sharing customer data - FT

Ant Group is resisting pressure from China's government to hand over more customer data to the country's central bank, according to the Financial Times.

/regulation

Ant Group to become financial holding company under deal with Chinese regulators

Ant Group has agreed on a restructuring plan with China’s regulators that will turn the fintech giant into a financial holding company subject to capital requirements similar to those for banks, Bloomberg News reported.

/predictions

Dimon 'scared shitless' by fintechs; calls out Plaid

JPMorgan Chase CEO Jamie Dimon says incumbent banks should be "scared shitless" by fintech rivals, adding that some - including Plaid - are competing unfairly.

/payments

Trump signs executive order banning the use of Chinese payments apps

Outgoing US president Donald Trump has signed an executive order banning transactions with ten Chinese apps, including behemoths Alipay and WeChat Pay.

/regulation

China hints more fintech regulation to come

Some of China's largest fintech companies may face more regulation following comments made by the top banking regulator.

/regulation

Singapore doles out four digital bank licences

The Monetary Authority of Singapore has awarded full virtual banking licences to a Grab-Singtel consortium and tech giant Sea, and digital wholesale bank licences to Ant Group and a coalition comprising Greenland Financial Holdings Group, Linklogis Hong Kong, and Beijing Co-operative Equity Investment Fund Management.

/regulation

Shanghai Stock Exchange suspends Ant Group IPO

The Shanghai Stock Exchange has suspended Ant Group’s blockbuster IPO over regulatory concerns.

/markets

Ant Group sets IPO pricing

Chinese fintech giant Ant Group has set the price for its upcoming initial public offering, which is expected to raise a record $34 billion.

/retail

Ant Group unveils blockchain-based copyright protection network

Ant Group has unveiled a blockchain-based digital copyright service for content creators.