Page 6 - Latest Updates on Jack Ma
How Jack Ma's $280 billion unicorn Ant Group just had its legs broken
While Ant's origin story comes from the ubiquitous Alipay service that piggybacked off the success of Alibaba's expanding e-commerce empire, the real money was to be made on all the extras
 "How Jack Ma's $280 billion unicorn Ant Group just had its legs broken")
China pushes Ant Group overhaul in latest crackdown on founder Jack Ma
China's central bank disclosed it had asked Ant Group to shake up its lending and other consumer finance operations, the latest blow to its billionaire founder and controlling shareholder Jack Ma
Alibaba Group increases share repurchase programme to $10 billion
Alibaba Group Holding said on Sunday its board has authorised an increase in the company's share repurchase programme to $10 billion from $6 billion
 "Alibaba Group increases share repurchase programme to $10 billion")
China orders Jack Ma's Ant Group to return to roots in payments services
The central bank summoned Ant executives over the weekend and told them to "rectify" the company's lending, insurance and wealth management services
Ant turning from windfall to nightmare for its global investors
Authorities berated Ant for sub-par corporate governance, disdain toward regulatory requirements, and engaging in regulatory arbitrage
China orders Ant to return to its roots in payments services
The series of edicts represent a serious threat to the expansion of Ma's online finance empire
 "China orders Ant to return to its roots in payments services")
With Alibaba investigation, China gets tougher on technology firms
China has produced its own crop of powerful internet titans, and they have been celebrated as icons of the nation's technological advancement.
 "With Alibaba investigation, China gets tougher on technology firms")
Key events behind China's probe into Alibaba for monopolistic behaviour
China has launched an investigation into Alibaba Group for suspected monopolistic behaviour in the latest blow for Jack Ma's e-commerce and fintech empire
Beijing should look within: Jack Ma's Alibaba is China's own creation
Alibaba's 20-year rise to supremacy is due in no small part to government policies, which protected and coddled the now-booming internet sector
 "Beijing should look within: Jack Ma's Alibaba is China's own creation")
China launches probe into Jack Ma's Alibaba over monopoly allegations
Regulators said separately they've summoned affiliate Ant Group Co. to a meeting intended to promote fair competition and consumer rights
This hottest India internet stock is surging on back of startup investments
Info Edge India climbed to a record on Tuesday and is the top gainer this month on the National Stock Exchange's 10-member IT index. The company runs Naukri.com, nation's leading job-hunting platform
 "This hottest India internet stock is surging on back of startup investments")
Xi cracks the whip on everything to strengthen party grip on China
And right now they revolve around the convergence of technology, finance and Hong Kong
 "Xi cracks the whip on everything to strengthen party grip on China")
Chinese President Xi Jinping decided to halt Ant's $37-billion IPO: Report
China's President Xi Jinping personally decided to pull the plug on Ant Group's $37-billion (£28 billion) IPO, the Wall Street Journal reported, citing officials with the knowledge of the matter
 "Chinese President Xi Jinping decided to halt Ant's $37-billion IPO: Report")
Chinese President Xi Jinping pulled the plug on Jack Ma's Ant IPO: Report
The decision to stop what would have been the world's largest ever IPO, came days after the fintech giant's billionaire founder Jack Ma launched a public attack on the country's financial watchdogs
 "Chinese President Xi Jinping pulled the plug on Jack Ma's Ant IPO: Report")
Alibaba, JD.com say US was top seller to China during Singles' Day event
Alibaba and JD.com said the US was the top seller of goods to China during the Singles' Day shopping extravaganza that generated about $116 billion in merchandise volume for the pair
 "Alibaba, JD.com say US was top seller to China during Singles' Day event")
China's clampdown on big tech puts more billionaires like Jack Ma on notice
Wednesday's selloff sent Alibaba shares down 7%, while analysts estimated that Ant's $280 billion valuation could be cut in half due to stricter regulations. Both companies were co-founded by Jack Ma
Alibaba launches China's Singles' Day shopping event, to boost economy
This year's online shopping extravaganza also comes a week after Alibaba lost almost $76 billion of its market value
 "Alibaba launches China's Singles' Day shopping event, to boost economy")
Chinese banks biggest winners from new regulations that botched Ant IPO
Merchants Bank, known as the retail bank king in China, has soared 18% in Hong Kong this month, its biggest seven-day advance in more than five years
 "Chinese banks biggest winners from new regulations that botched Ant IPO")
China's move to halt Ant IPO could slash fintech giant's value by $140 bn
Ant faces more scrutiny, tougher China regulatory requirements
 "China's move to halt Ant IPO could slash fintech giant's value by $140 bn")
China's central bank says Ant IPO halted to safeguard investors, consumers
The move comes amid broader efforts by Chinese policymakers to prevent systemic financial risks and curb rising debt
