NewsAnt Group receives Chinese approval for consumer finance spinoffLicense comes after months of pressure against Jack Ma’s fintech company. 1 min read
Founders of Chinese tech giants are relinquishing the CEO title in favor of strategic roles behind the scenes. InsightsOperations over aspirations: The tech CEO’s evolving role in China7 mins read
The Chinese fintech sector is changing, and Ant Group needs to find new ways to grow its business. InsightsAnt Group searches for direction in a new era of Chinese fintech7 mins read
Ant Group and MYbank will continue to support the research, development, and trials of the PBOC’s e-CNY. NewsAnt Group affiliate MYbank joins China’s digital yuan trials2 mins read
The development of the three core components of the platform, including payment processing, insurance selling, and securities trading, has been completed. InsightsAs Ant Group grapples with regulators, TikTok owner seeks to launch online payment platform7 mins read
The regulators also want to break Ant’s payments and information monopoly after allegations of unfair competition practices. NewsChina’s Ant Group forced to rectify and make sweeping changes under pressure from regulators3 mins read
Those who fail to obey may face business suspension or withdrawal of their licenses. NewsChina bans microlenders from granting consumer loans to university students3 mins read
Preparations for a nationwide rollout of the digital yuan are underway. VideosVIDEO | 5 things you need to know about China’s digital yuan1 min read
Tencent’s WeBank also joins the six state-owned banks in the pilot. NewsChina enlists Ant-backed MYbank in expanding digital yuan trial1 min read
