Ant Group

Ant Group releases OceanBase 3.0 database, open-sources 3 million lines of core code

Chinese fintech company Ant Group released OceanBase 3.0 database on June 1, and its 3 million lines of core code have been opened to the open-source community.

Ant Group to become financial holding company in overhaul

Ant Group will become a financial holding company and all institutions engaged in financial activities will be regulated according to such companies, China's central bank said Monday.

Ant Group CEO Simon Hu to resign

Simon Hu, CEO of Ant Group, said in an internal email on March 12 that he will resign and will be in charge of Ant ecological social welfare-related projects in the future.

Ant's dual listing in Shanghai and Hong Kong postponed after Jack Ma summoned by regulators

The Shanghai Stock Exchange today announced that it is suspending Ant Group's decision to list on China's Nasdaq-style sci-tech innovation board, also known as the STAR market, after Jack Ma, the founder of Alibaba, was summoned by Chinese regulators.

Ant Group's global headquarters settled in Hangzhou

Hangzhou Municipal Government and Ant Group signed a strategic cooperation framework agreement, and Ant Group's global headquarters officially settled in Hangzhou to accelerate the creation of the country's "first city of digital economy".

US eyes curbs on Ant Group, Tencent Payment Systems, BBG reports

The US government is exploring restrictions on Ant Group as well as Tencent over concerns that their digital payment platforms threaten US national security, Bloomberg reported on Wednesday citing people familiar with the matter.

Ant Group says in IPO prospectus it participates in China's digital RMB development

Ant Group said in its IPO prospectus that it is participating in research and development trials of digital RMB, adding that there is no timetable for the official launch of digital RMB and that it is difficult to assess the impact of such work on the company's business, financial condition and results of operations.

Jack Ma's Ant Group files for dual listing in Hong Kong and Shanghai

Ant Group, controlled by Alibaba founder Jack Ma, filed a listing prospectus with China's Nasdaq-style sci-tech innovation board, also known as the STAR market, and concurrently filed an A1 Application Proof with the Hong Kong Stock Exchange, a key step towards its A+H dual listing.

Ant Group said to go public as soon as Sept to become largest IPO in history

Alibaba's Ant Group plans to raise $30 billion in a dual listing in Shanghai and Hong Kong that is expected to happen as soon as September, according to the Hong Kong Economic Journal.

Alipay, WeChat Pay facing possible antitrust probe in China, report says

Chinaโ€™s top antitrust agency is looking at whether to launch a probe into Alipay and WeChat Pay, Reuters reported on Friday citing sources with knowledge of the matter.ย