Monday, April 19, 2021
Tags Jack Ma

Tag: Jack Ma

Jack Ma Reportedly Being Ousted from Ant Group by Chinese Authorities

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

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

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...

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

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

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

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

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

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

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

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

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

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

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

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...

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

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...

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

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

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...

Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations

The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...

China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...

Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels

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