Tagged: alibaba group holding

Chinese Regulators to Introduce “Special” and “Innovative” Regulatory Guidelines for Fintech Giants like Ant Group, Tencent Holdings

China is reportedly planning to introduce “special” and “innovative” regulatory guidelines for  Fintech giants like billionaire Jack Ma’s Ant Group Co., which is a subsidiary of the Alibaba Group Holding (NYSE:BABA). Regulators in China aim to create new policies so they can eliminate monopolistic practices… Read More

Chinese Fintechs Must Realize that their Products can Subject Consumers to Financial Risk, Analyst Says following Sector-Wide Crackdown

Alibaba founder Jack Ma’s plans to establish Fintech companies like Ant Group and launch IPOs in China were recently put on hold when the country’s regulators decided to make updates to regulatory requirements. As reported recently, Daniel Zhang, Chairman of Alibaba Group Holding (NYSE:BABA), noted… Read More

Accenture: Asia-Pacific Fintech Investments Have Skyrocketed; New Focus on Blockchain, Cloud and Cybersecurity

“Major non-traditional financial services companies have been investing in fintech payments in China for the past year.” According to Accenture, fintech investments across Asia-Pacific experienced a boom in 2015 – from about $880 million in 2014 to nearly $3.5 billion in just the first nine months… Read More

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