alipay
Investors value China’s Ant Group at over $200 billion after IPO halt
Some of Ant Group’s global investors have valued the notable Chinese FinTech business at a massive $200 billion based on its 2020 performance, said people with knowledge of t...
Trump signs order banning transactions with eight Chinese apps including Alipay
President Trump has signed an executive order prohibiting trades with eight Chinese software applications, such as Ant Group’s Alipay, ” the White House stated, escalat...
Increased Chinese scrutiny increases investment risk of ‘Beast’ Ant
As Ant Group was pushing forward in August towards its IPO, at least two smaller Chinese banks using existing ties to the FinTech player decided to stop sourcing fresh customer loa...
Goldman Sachs joins syndicate for Ant IPO of up to $30 billion
Goldman Sachs has joined the growing list of investment banks working on Ant Group’s mammoth first public offering of up to $30 billion, two individuals with direct knowledge...
Alibaba’s Ant Group files for dual listing in Hong Kong and Shanghai
Ant Group, Alibaba’s FinTech arm and China’s dominant mobile payments business, filed for a dual listing in Hong Kong and on Shanghai’s Nasdaq-style STAR Market. ...
Ant Group lines up dual listing on Hong Kong and Shanghai markets
Ant Group, the FinTech wing of Alibaba Group, has stated that it has begun the process of a dual listing in Hong Kong and on Shanghai’s market, kicking off one of the world&#...