Ant Group

Chinese billionaire Jack Ma’s Ant Group will become a financial holding company subject to China’s central bank’s oversight following a recent antitrust case in China. “The Ha...

By CoinDesk Staff

Apr 12, 2021 at 9:54 p.m. UTC

Apr 12, 2021

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Markets

China

Ant Group to Become Financial Holding Company as Part of Alibaba Settlement: Report

The terms of the restructuring are expected to curb the Alibaba affiliate's profitability and valuation.

By Tanzeel Akhtar

Apr 12, 2021 at 3:55 p.m. UTC

Apr 12, 2021

ChinaPBOCAlibabaJack MaCoinFlashAnt Group

Tech

China

Ant Group Leads China-Dominated 2020 List of Blockchain Patent Holders

The only non-Chinese firm in the rankings, IBM, came fourth in terms of number of patents.

By Jamie Crawley

Mar 15, 2021 at 1:36 p.m. UTC

Mar 15, 2021

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Finance

China

Tencent and Ant Group-Backed Banks to Join China's Digital Yuan Trial: Report

The two commercial banks join the six state-owned banks already participating in the CBDC trial.

By Tanzeel Akhtar

Feb 22, 2021 at 2:15 p.m. UTC

Feb 22, 2021

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Policy

China

Jack Ma’s Ant Group Agrees to Restructure After Pressure From China’s Regulators: Report

Regulators have been clamping down on Ant Group, even cancelling its expected $35 billion twin IPO late last year.

By Tanzeel Akhtar

Feb 3, 2021 at 3:58 p.m. UTC

Feb 3, 2021

ChinaRegulationJack MaAnt Group

Markets

Singapore

Jack Ma’s Ant Group, 3 Other Digital Banks Get OK to Operate in Singapore

The approved digital banks will be able to start operating from Singapore in early 2022.

By Tanzeel Akhtar

Dec 4, 2020 at 3:05 p.m. UTC

Dec 4, 2020

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Policy

China

Shanghai, Hong Kong Stock Exchanges Pause Ant Group IPO Over Regulatory Concerns

Ant Group's IPO has been suspended on both the Shanghai and Hong Kong stock exchanges due to significant changes in China's regulatory environment for fintech firms.

By David Pan

Nov 3, 2020 at 1:49 p.m. UTC

Nov 3, 2020

ChinaRegulationIPOsShanghai Stock ExchangeAnt Group

Finance

Hong kong

Ant Unveils Blockchain Product as Group Approved for World's Biggest IPO

As Jack Ma's Ant Group gets Hong Kong approval for its $30 billion IPO, it has rolled out a blockchain platform aimed at protecting users' copyrights.

By Daniel Palmer

Oct 22, 2020 at 10:48 a.m. UTC

Oct 22, 2020

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