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Page 7 - Latest Updates on Jack Ma

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

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Updated On : 13 Nov 2020 | 2:05 AM IST

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

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Updated On : 12 Nov 2020 | 11:12 AM IST

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

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Updated On : 11 Nov 2020 | 9:12 AM IST

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

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Updated On : 11 Nov 2020 | 7:51 AM IST

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

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Updated On : 10 Nov 2020 | 8:58 AM IST

China's move to halt Ant IPO could slash fintech giant's value by $140 bn

Ant faces more scrutiny, tougher China regulatory requirements

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Updated On : 10 Nov 2020 | 12:38 AM IST

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

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Updated On : 06 Nov 2020 | 11:35 PM IST

Jack Ma was right: Can't regulate an online lending platform like a bank

China's yearslong deleveraging campaign to weed out bad actors in its financial underbelly should be a lesson

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Updated On : 06 Nov 2020 | 11:41 AM IST

Ant's botched IPO: Inside the chaotic unraveling of Ma's $35 bn stock debut

Experts indicate that Jack Ma's open criticism of Chinese government's approach to financial regulation may have invited the ire of the all powerful Chinese state

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Updated On : 05 Nov 2020 | 9:28 PM IST

Ant's botched IPO: How China shot itself in foot, lost a golden opportunity

The Shanghai Stock Exchange's surprise suspension of Ant Group's record-breaking initial public offering Tuesday night changed the landscape

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Updated On : 05 Nov 2020 | 8:38 AM IST

Derailing of Jack Ma's Ant Group IPO shows Xi Jinping is in charge

Decision shows party takes precedence on business decisions

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Updated On : 05 Nov 2020 | 1:51 AM IST

Volume IconChina blocks Jack Ma's Ant IPO, world's biggest: All you should know

In this podcast, Business Standard's Samie Modak explains reasons behind the halt and the way forward for Jack Ma

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Updated On : 04 Nov 2020 | 1:20 PM IST

With billions on the line, China halts Ant Group's IPO; Jack Ma summoned

The move upends what had been one of China's biggest business success stories

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Updated On : 04 Nov 2020 | 7:00 AM IST

China halts Jack Ma's $37-bn Ant Group IPO citing 'major issues'

Shanghai, HK postpone listing two days before trading

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Updated On : 03 Nov 2020 | 11:50 PM IST

China warns Jack Ma, Ant Group on rapid expansion citing regulatory risks

Ant has faced censure in Chinese state media after Ma last month criticized local and global regulators for stifling innovation

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Updated On : 03 Nov 2020 | 8:38 AM IST

Jack Ma summoned by China's regulators on eve of Ant Group debut

China has been tightening rules and imposing capital demands on the sprawling financial operations of conglomerates such as Ant in an attempt to curb risks to its $49 trillion financial industry

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Updated On : 03 Nov 2020 | 1:33 AM IST

China regulators summon Jack Ma ahead of world's biggest Ant Group IPO

Jack Ma, founder of China's e-commerce giant Alibaba, and his senior executives were summoned on Monday by Chinese regulators

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Updated On : 02 Nov 2020 | 10:42 PM IST

Watchdogs hold talks with Ant as China releases draft online lending rules

People's Bank of China, China Securities Regulatory Commission as well as the country's banking and insurance regulator and forex regulator held the talks with Ant's controlling shareholder Ma

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Updated On : 02 Nov 2020 | 8:36 PM IST

Alibaba's secret three-year experiment to modernise China's old factories

Alibaba claims it is able to cut order lead times by 75% with its solutions

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Updated On : 02 Nov 2020 | 12:21 PM IST

Jack Ma's Ant Group IPO attracts demand equal to Britain's economy

Analysts say buyers struggling to secure allocations as fundraising expands to almost $37 billion

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Updated On : 30 Oct 2020 | 11:01 PM IST