Monday, November 30, 2020
Tags Ant Financial

Tag: Ant Financial

Ant Group Obtains IPO Approval from Shanghai Bourse, Reportedly Lifts Fund-raising Target to USD$35 Billion

Chinese fintech giant Ant Group has just obtained approval from the Shanghai Stock Exchange (SSE) for its initial public offering (IPO).

PBOC Warns Commercial Banks over Joint Consumer Loans Made via Ant Group Platforms

The People's Bank of China (PBOC) has issued an emergency warning to Chinese commercial banks due to concerns over the joint provision...

Ant Group’s Financial Inclusion Venture with Vanguard Sees Chinese Clients Rise to 200,000

The investment advisory joint-venture between Chinese fintech giant Ant Group and Pennsylvania's Vanguard has already acquired 200,000 clients during its first 100...

Ant Group and Yunnan International Trust Cooperate on Blockchain-driven Supply Chain Financing

Fintech giant Ant Group has entered a strategic agreement to bring its blockchain-driven supply chain financing solutions to the south-western Chinese province...

Ant Financial Rebrands Itself as “Ant Technology”

Alibaba-affiliated fintech giant Ant Financial has announced a change in its official name to "Ant Technology."

Alipay Establishes First Independent Search Division, Appoints Taobao Exec as Head

Chinese payments giant Alipay has launched its first ever independent search division in a bid to improve its search services.

Ant Financial to Grab $73.5 Million Stake in Myanmar’s Wave Money

Chinese fintech giant Ant Financial plans to take a minority stake in Myanmar mobile payments platform Wave Money.

Ant Financial Teams up with China Everbright Bank on Blockchain-driven Supply Chain Financing

Yang Bingbing (杨兵兵), chief operations supervisor and digital finance manager of China Everbright Bank, said to China Securities Report that Ant Financial...

Ant Financial Teams up with Vanguard Group to Provide Low-cost Fund Investment Advice

Fintech giant Ant Financial is working with the world's biggest provider of mutual funds to make smart fund investment services more accessible...

Ant Financial and ICBC Enter Cooperation on QR Code Compatibility

Fintech giant Ant Financial and China's biggest bank have officially launched cooperation in the area of QR code compatibility.

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Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...

Kuaishou Could Acquire Payments License, Joins Ranks of Chinese Tech Giants Making Forays into Finance

Chinese video-sharing platform Kuaishou could be preparing for a foray into the fintech sector by grabbing a payments license via the acquisition...

Bank of China Forecasts 7.5% GDP Growth for China in 2021

Big state-owned lender Bank of China (BOC) has issued a rosy forecast for Chinese GDP growth in 2021 following efforts to contain...

Chinese Central Bank Undertakes 200B Yuan in MLF, 150B Yuan in Reverse Repos on 30 November

The People's Bank of China (PBOC) has announced that it undertook 200 billion yuan in medium-term lending facility (MLF) operations and 150...