Monday, April 19, 2021
Tags Jack Ma

Tag: Jack Ma

Fintech

Jack Ma Reportedly Being Ousted from Ant Group by Chinese Authorities

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Storied Internet entrepreneur Jack Ma is reportedly being forced by Chinese authorities to make a complete withdrawal from his fintech and payments...
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Economy

Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

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Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...
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Fintech

Ant Group Submits Blueprint for Conversion into Financial Holding Company to Chinese Authorities

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Jack Ma's beleaguered Ant Group plans to deal the concerns of Chinese regulators about its business operations by converting itself into a...
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Fintech

Ant Group Should Serve as a Lesson for Other Online Tech Giants: China’s Banking Regulator

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China's top banking regulator has called for other Internet giants to take heed of the difficulties recently endured by Jack Ma's fintech...
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Fintech

Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

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Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...
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Economy

Jack Ma Reduces Alibaba Stake to under 5%, Jiang Fan Ousted as Alibaba Partner

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Jack Ma, the storied founder of Chinese e-commerce giant Alibaba, has reduced his holdings in Alibaba to less than 5% to reap...
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Fintech

Alibaba’s Jack Ma, Tencent’s Pony Ma Top China’s 2019 Hurun Rich List

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Chinese tech tycoons have topped the latest edition of the Hurun List of China's richest individuals.
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Banking

“True Internet Finance” Means Artificial Intelligence, Big Data and Risk Control: Jack Ma

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The founder of Chinese e-commerce giant Alibaba says that the emergence of new forms of fintech will result in profound changes to the way...
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Economy

Lucy Peng Replaced as Chair of World’s Largest Fintech Concern

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The executive chair of Alibaba's online payments and fintech arm has vacated her position according to an internal company announcement issued by Jack Ma. Lucy...
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Banking

Will Jack Ma’s Ties to Trump Administration Pave Way for MoneyGram Grab?

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Chinese Internet tycoon Jack Ma is cultivating increasingly close ties to the Trump administration, just as his online payments platform Ant Financial seeks to...
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China Construction Bank VP Lu Jiajin Expected to Assume Chairmanship of Industrial Bank Following Two Year Vacancy

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The vice-president of one of China's big six state-owned banks is tipped to assume the role of chairman of a leading regional...
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Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations

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The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...
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China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

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Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...
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Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels

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The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...
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