Ant IPO


Alibaba media holdings are latest pressure point for Jack Ma

Alibaba media holdings are latest pressure point for Jack Ma

(ATF) Alibaba faces pressure from the Chinese government to reduce its exposure to media assets that range from a big stake in online platform Weibo to Hong Kong’s long-established South China Morning Post, according to reports from the Wall Street Journal and Bloomberg on Monday March 15.Media holdings are not …

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Campaign against Jack Ma intensifies

Campaign against Jack Ma intensifies

(ATF) China's most famous businessman and one of the world's richest men, Jack Ma (Ma Yun) has not been seen in public for weeks, after suffering a significant fall from grace in early November.Ma missed the final episode of his reality TV show, on which he was due to appear …

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Politburo signals more anti-monopoly scrutiny for China’s internet giants

Politburo signals more anti-monopoly scrutiny for China’s internet giants

(ATF) China has opened a new chapter of stronger regulation over monopolistic practices by internet giants such as Alibaba, Tencent, Meituan and Pinduoduo, as signaled by a recent Politburo meeting, analysts say.The top decision-making body of the of the Communist Party of China (CPC) vowed on Friday to “strengthen anti-monopoly …

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Alibaba, Tencent fined and warned as China ramps up deal scrutiny

Alibaba, Tencent fined and warned as China deal scrutiny

China warned its internet giants on Monday it would not tolerate monopolistic practices and to brace for increased scrutiny, as it slapped fines and announced probes into deals involving Alibaba Group and Tencent Holdings.The State Administration of Market Regulation (SAMR) said it would fine Alibaba, Tencent-backed China Literature and Shenzhen …

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Chinese gov't 5000+, online lenders 0 

Chinese gov't 5000+, online lenders 0 

(ATF) China’s national online lending companies – estimated to number from 5,000 to 7,000 at the beginning of the year – now number zero, according to the authorities.That is obviously quite a dramatic change. To explain this, it must be noted first that the online lending sector had expanded outside …

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New rules bring China’s internet giants to heel

New rules bring China’s internet giants to heel

(ATF) At noon on November 10, Chinese officials issued a report with a long and boring title that few people in the country are ever likely to read. But this weighty document could have serious ramifications not only for China's biggest corporate entities, but considerable flow-on effects for all citizens.Not …

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China's Alibaba, JD.com and Tencent could face break-up

China's Alibaba, JD.com and Tencent could face break-up 

(ATF) More insight has been given into the thinking of Chinese regulators behind the suspension of the huge IPO planned by Ant Finance early in November. Indeed, a commentary printed in the Communist Party’s top mouthpiece, the Peoples’ Daily, today (Nov 23) proposed breaking up big multi-faceted platforms like Alibaba, …

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Ant Group IPO swept off the table

Ant Group IPO swept off the table

(ATF) Closer study of China's new microfinance rules makes the Initial Public Offering proposed by Ant Finance Group look increasingly unlikely – or that it might only happen on a much smaller scale at some unknown point in the future.On Tuesday November 17, Fang Xinghai vice chairman of the China …

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Ant and the battle for China's financial soul

Ant and the battle for China's financial soul

China's last-minute abandonment of Ant Group's record-breaking IPO stems from an intensifying battle for the soul of the nation's financial system that the fintech giant and its charismatic leader Jack Ma helped to ignite.Global markets were stunned on Tuesday evening when Ant's record-breaking $34 billion IPO was abruptly shelved, frustrating …

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Dalio says foreign portfolios should target 15% China holdings  

Dalio says foreign portfolios should target 15% China holdings

(ATF) Ray Dalio, the founder of Bridgewater Associates, says foreign portfolio holdings of Chinese stocks and bonds should be close to 15% on a neutral weighting, rather than the current level of less than 3%.Dalio, the opinionated American investor who built Bridgewater into the world’s biggest hedge fund with assets …

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