Ant Group

China began a sweeping crackdown on the private sector in 2020 by forcing the Jack Ma led Ant Group to pull its plans for what would have been the world’s largest IPO.

After bribery probe linked to Jack Ma's Ant Group, China needs ‘negative list'

Feb 23, 2022

Jack Ma led Ant Group has been subjected to a sweeping restructuring by China, whose initial public offering of $37 billion.

Big trouble for Jack Ma led Ant Group! Here is what China wants

Feb 22, 2022

Jack Ma, who was known for his outspokenness and for pushing boundaries with audacious statements, stepped down from Alibaba in 2019 but continued to loom large in the eyes of investors.

Alibaba founder Jack Ma is 'lying low', says company executive

Jun 15, 2021

The fundraising will be a test of investor sentiment towards Alibaba, coming months after an October speech from billionaire Ma about regulation stifling innovation that led to the halting of affiliate Ant Group's $37 billion stock market listing.

Alibaba plans $5 billion bond this month amid regulatory scrutiny, claim sources

Jan 06, 2021

A sign of Ant Group is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song

China financial regulators urge Ant Group to set 'rectification' plan

Dec 27, 2020

Paytm, which is also backed by SoftBank Group Corp among others, was valued at about $16 billion during its latest private fundraising round a year ago.

China's Ant considers Paytm stake sale amid tensions with India

Dec 02, 2020

In an unusual move, it was due to trade in both Shanghai for mainland investors and in Hong Kong for international buyers.

Debut of Chinese e-finance giant derailed by fear of risks

Nov 04, 2020

Ant’s decision to list on the Star board, a market launched in Shanghai last year, was seen as a major win for the mainland exchange.

China stops Jack Ma’s $35 Billion Ant IPO from going ahead

Nov 03, 2020

Ant aims to split the share sale evenly between Hong Kong and Shanghai, selling up to 11% of its enlarged share capital.

Ant may raise up to $17 billion in Shanghai IPO leg as investors submit bids

Oct 25, 2020

The Hong Kong stock exchange has scheduled an Ant hearing for as soon as next week.

Jack Ma’s Ant Group raises IPO valuation target to $280 billion

Oct 16, 2020