Ant Financial

SAMSUNG Electronics said on Tuesday that its operating profits for the July to September period were down 77.57 per cent from the year before, even as new smartphone releases boosted revenue.

THE consumer finance unit of China’s Ant Group will increase its registered capital to 18.5 billion yuan (S$3.6 billion) from 8 billion yuan previously, in part by taking on new investors, underscorin...

BILLIONAIRE Jack Ma plans to relinquish control of Ant Group, Dow Jones reported, citing people familiar with the matter said, part of the fintech giant's effort to appease regulators following a leng...

CHINA'S central bank has accepted Ant Group's application to set up a financial holding company, 3 people with knowledge of the matter said, a key step in finishing a year-long revamp of Jack Ma's fin...

Inquiry escalates risks for tech tycoon Jack Ma and and his Internet empire

[SHANGHAI] China's securities regulator published draft rules on Friday to strengthen supervision over major money market funds, a step that could further rein in Ant Group's Yu'e Bao.

[BEIJING] Ant Group announced it will shut down its online crowdfunded medical aid service Xianghubao on Jan 28, a decision that comes at a time of tightening of financial technology regulations in Ch...

CHINESE e-commerce leader Alibaba Group said on Thursday (Nov 18) that its profit for the most recent quarter tumbled 81 per cent as a government crackdown on the country's big tech champions bit into...

[HONG KONG] State-backed firms are set to take a sizeable stake in a key Ant Group asset for the first time, three people told Reuters, in a move that will loosen the Chinese fintech giant's grip on a...