Ant Group

Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group is considering a holding company framework for its financial operations, Bloomberg reported late Monday. What Happened: The new company would be regulated similarly to a bank, which could stymy the growth of its most profitable units...

Chinese e-commerce company and tech behemoth Alibaba Group Holdings Ltd's (NYSE: BABA) shares dropped in 6.67% in Hong Kong as of press time on Monday. This followed the company announcing plans to raise its stock buyback threshold by an additional $4 billion. What Happened: Alibaba’...

Jack Ma, the co-founder of Alibaba Group Holding Ltd (NYSE: BABA), offered to give Beijing parts of his financial technology firm Ant Group in order to repair his relationship with the Chinese government, the Wall Street Journal reported Sunday. What Happened: The previously-unreported offer was...

Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group Co’s Chairman Eric Jing said the company is introspecting its “shortcomings,” as reported by Bloomberg. What Happened: Jing said at the fourth China Internet Finance Forum on Tuesday that the company is working...

Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group is unlikely to be able to hold its suspended initial public offering before 2022, Bloomberg reported Sunday. What Happened: Chinese regulators are demanding that Ant comply with both new and proposed rules applicable to various fields...

Ping An Insurance Company of China, Ltd’s (OTC: PNGAY) wealth management and the retail lending unit has become a short seller target after suspension of Alibaba Group Holdings Ltd’s (NYSE: BABA)-backed Ant Group IPO, according to Bloomberg....

Alibaba Group Holding Ltd (NYSE: BABA) CEO Daniel Zhang said that Beijing’s draft rules to prevent monopolistic behavior by China’s internet platforms are “timely and necessary,” Reuters reported Monday (Beijing time) What Happened: Zhang, speaking at the World Internet...

Chinese stocks are looking tempting following some declines in the past two weeks, but traders could get an even lower buying opportunity in the weeks ahead. That's according to a Barron's article today.  More Pressure: The cancelled Ant Group IPO and a rotation in the stock market...

Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group's initial public offering can still clinch the title of the world's biggest IPO, Liu Qiang said at CNBC's annual East Tech West conference. Liu Qiang is the vice president of Fosun Technology and Financial Group,...

China's President Xi Jinping personally made the decision to halt Alibaba Group Holdings (NYSE: BABA)-backed Ant Group's initial public offering, touted to be the world's largest IPO, a Wall Street Journal report claims. What Happened: Ant Group could...

Alibaba Group Holding Limited (NYSE: BABA)-backed Ant Group’s initial public offering and dual listing in Hong Kong and Shanghai could be delayed by at least six months, the Financial Times reported Thursday. What Happened: On Tuesday, the listing, which would have raised $37 billion, was...

Tencent Holding (Pink: TCEHY) shares hit new 52-week highs Thursday, while Alibaba Group (NYSE: BABA) shares continued to fall after the suspended Ant Group IPO, which led to a shift in leadership for the most valuable Chinese company. Roundhill Investments Co-Founder Will Hershey pointed...

Alibaba Group Holding Ltd (NYSE: BABA)-owned Ant Group’s initial public offering may have been scuttled by Beijing due to its "disinclination to allow entrepreneurs out of their lane," Duncan Clark, author of "Alibaba: The House that Jack Ma Built" told the...

Several of the strong performing Ark ETFS from Cathie Wood bought shares of two underperforming stocks on Tuesday.  What Happened: Shares of Alibaba Group Holding (NYSE: BABA) were down 8% Tuesday after the Ant Group IPO was pulled in China. Alibaba owns over 30% of Ant Group.  Paypal...