◦ Ant Financial
Where to put your money now? Online deposits face stricter supervision - China In Focus News
In Focus

Where to put your money now? Online deposits face stricter supervision

Online deposit products have grown so fast that once diehard skeptics like Shanghai health manager Lily Li 32 finally succumbed to the digital transformation of banking and began investing in bank wealth management products via Ant Group...
China vows to protect firms, decries US ban - China Tech News
Tech

China vows to protect firms, decries US ban

On Tuesday he ordered a ban on transactions with eight Chinese software applications including Ant Group s Alipay mobile payment app and Tencent s QQ Wallet and WeChat Pay.
China tightens supervision of online banking wealth management products - China Finance News
Finance

China tightens supervision of online banking wealth management products

Recently major platforms including Ant Group s Alipay Tencent s WeChat Pay and JD Financial have all stopped selling banking wealth management products to new customers.
Ant Group must fix problems, meet supervision requirements: regulators - China Economy News
Economy

Ant Group must fix problems, meet supervision requirements: regulators

China s financial regulators have identified major problems in Ant Group s business operations and have urged the company to make plans and set a timetable as soon as possible to fix...
China's top market regulator probes Alibaba Group over alleged monopoly conduct - China Tech News
Tech

China's top market regulator probes Alibaba Group over alleged monopoly conduct

Meanwhile China s central bank and three financial watchdogs will conduct regulatory talks with Ant Group within the next few days.
'Silver dollar' elderly get coached in phone apps - China Nation News
Nation

'Silver dollar' elderly get coached in phone apps

Vast and growing amounts of Chinese economic activity are now handled through digital apps that have become part of the fabric of life in modern China led by Tencent s WeChat Pay and...
China's central bank urges wider acceptance of cash as payments go digital - China Economy News
Economy

China's central bank urges wider acceptance of cash as payments go digital

China s online payments via barcodes and third party payment apps such as Ant Group s Alipay and Tencent Holdings Tenpay have gained in popularity over the years on government policies...
Pandemic aside, Shanghai continues the business of being best - China In Focus News
In Focus

Pandemic aside, Shanghai continues the business of being best

The abrupt suspension of the much anticipated massive initial public offering of Ant Financial Alibaba s financial services and payment arm signaled tighter scrutiny over the online...
Market value surges among top Chinese companies: Hurun - China Economy News
Economy

Market value surges among top Chinese companies: Hurun

Meituan Ping An Insurance and Ant Group remained in third fourth and fifth places respectively.
JD health unit eyes US$3.5b Hong Kong IPO - China Tech News
Tech

JD health unit eyes US$3.5b Hong Kong IPO

However the share market was dealt a blow earlier this month when the listing of Ant Group the financial arm of JD rival Alibaba was postponed due to regulatory risks.
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