Ant Group
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OpenCalais Metadata: LegalName
Ant Group announces share buyback after crackdown
Chinese fintech giant Ant Group has announced a share buyback plan to allow some investors to offload or reduce their stakes after the government slapped the firm with a $1 billion fine for alleged "illegal acts".
Ant operates Alipay, the world's largest digital payments platform, which boasts hundreds of millions of monthly users in China and beyond.
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Jack Ma to cede control of Ant Group
Jack Ma will cede control of Chinese fintech giant Ant Group, the company has announced, following a Communist Party crackdown on the nation's tech sector that targeted the charismatic billionaire.
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Alibaba shares slump 5% on Beijing’s scrutiny of Ant Group
Shares in Alibaba slumped more than 5 percent yesterday following a report that Beijing regulators had ordered a fresh investigation into state firms' links with the Chinese e-commerce giant's fintech arm Ant Group.