China's fintech giant Ant Group has no plan to initiate an initial public offering (IPO), it said on Sunday in an emailed statement to Reuters.'Ant Group has been focusing on its business rectification and optimisation, and does not have a plan for an IPO,' the company spokesperson said.Ant Group s
China's fintech giant Ant Group has no plan to initiate an initial public offering , it said on Sunday in an emailed statement to Reuters.
Ant Group said on Saturday that its founder Jack Ma no longer controls the company after a series of shareholding adjustments that saw him give up most of his voting rights.
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Chinese billionaire Jack Ma to relinquish control of Ant GroupHONG KONG : Ant Group's founder Jack Ma will no longer control the Chinese fintech giant after the firm's shareholders agreed to implement a series of adjustments that will see him give up most of his voting rights, the group said on Saturday.The move marks another big development after a regulatory crack
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Ant Group says founder Jack Ma to relinquish control of companySHANGHAI: China's Ant Group said on Saturday (Jan 7) that its founder Jack Ma will no longer control the Chinese fintech giant after the firm's shareholders agreed to implement a series of shareholding adjustments that will see him give up most of his voting rights. The move marks another big developm
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Ant Group says Jack Ma to relinquish control of companySHANGHAI – Ant Group founder Jack Ma will no longer control the Chinese fintech giant after the firm's shareholders agreed to implement a series of adjustments that will see him give up most of his voting rights, the group said on Saturday. The move marks another big development after a regulatory crackdown scuppered Ant's US$37 billion (S$49.4 billion) initial public...
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China's boom in sustainable bonds lacks rigour, warns FitchLONDON : Chinese companies and state-owned enterprises are increasingly turning to green and sustainable bond markets to finance China's national climate strategy, but the bonds often fall short of international standards, according to ratings agency Fitch. Chinese firms raised $186 billion through domest
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China’s NetEase buys Halo co-developer SkyBox Labs in global expansion driveHONG KONG : NetEase Inc said on Friday it had acquired Canadian gaming studio SkyBox Labs, best known for co-developing hits including Halo Infinite and Minecraft, as China’s second largest video games firm steps up a global expansion effort. The Hangzhou-based company did not disclose the size of the d
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Netherlands, Portugal require COVID-19 tests for China arrivalsTHE HAGUE: The Dutch and Portuguese governments on Friday (Jan 6) joined a growing number of nations requiring air passengers arriving from China to show a negative COVID-19 test upon entry. More than a dozen countries have slapped fresh travel regulations on travellers from the world's most populous natio
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