Tag: Jack Ma
Ant Group hit with $985m fine amidst China’s regulatory crackdown
China’s central bank has issued one of the country’s largest fines against fintech giant Ant Group over various financial regulatory violations. Ant Group, subsidiary of...
Jack Ma relinquishes control of Ant Group following company reshuffle
Founder of Ant Group, Jack Ma, will give up control of the Chinese fintech giant after it was confirmed by the group’s executives following...
Xi Jingping approves development for a ‘healthy’ Chinese fintech space
Xi Jinping, China’s President, headed a meeting last Wednesday approving development plans for a ‘healthy’ fintech sector. The meeting, centred around the commission for deepening...
