People's Bank of China lists Ant Group's Alipay as having no controller, as Ant finished removing controlling stakeholders almost a year after Jack Ma's promise
Bloomberg :
People's Bank of China lists Ant Group's Alipay as having no controller, as Ant finished removing controlling stakeholders almost a year after Jack Ma's promise
Bloomberg :
People's Bank of China lists Ant Group's Alipay as having no controller, as Ant finished removing controlling stakeholders almost a year after Jack Ma's promise
The bank now lists Ant's Alipay as a firm without an actual controller. — Ma, co-founder of Alibaba Group Holding Ltd. …
Sources: Ant Group is in talks with Chinese state-owned companies to create a credit scoring company that will put Ant's vast data under Chinese control
The fintech giant is in discussions to start a new credit-scoring business with Chinese state-owned enterprises Tweets: @jingyanghk , @lingling_wei , and @joshchin Tweets: Jing Yang / @jingyanghk : *O...
A record 76 companies suspended their IPO applications for Shanghai's Star Market in March, more than doubling since February, as tech regulatory scrutiny rises
what's happening now is most certainly not,” https://giftarticle.ft.com/... Christian Caryl / @ccaryl : An ominous but revealing trend. Chinese tech companies are running scared of their own governmen...
Sources: China is considering a record fine, exceeding Qualcomm's $975M fine, against Alibaba, which may face softer treatment if it distances from Jack Ma
E-commerce company to face softer treatment than its Ant affiliate, provided it distances itself from founder Jack Ma Tweets: @sofiamcfarland , @lingling_wei , and @birdyword Tweets: Sofia McFarland /...
By July, Chinese banks and trust companies had ~$230B in outstanding loans to users who borrowed via Alipay, a factor in new regulatory scrutiny of Ant Group
Wall Street Journal : Tweets: @melt_dem , @melt_dem , @melt_dem , @robertalanward , @jingyanghk , and @jchengwsj Tweets: Meltem Demirors / @melt_dem : 1/ the scale of FinTech in China is mind blowing...