Daniel Zhang, Chairman of Alibaba Group, Says China’s Move to Create New Fintech Regulations Is “Timely and Necessary”

The management at Alibaba Group Holding (NYSE:BABA) has stated that they are planning to comply with China’s updated Fintech regulations after the nation’s changing regulatory environment led to Ant Group‘s initial public offering (IPO) getting suspended. Daniel Zhang, Chairman of Alibaba Group, noted during a… Read More
Read more in: Asia, Fintech, Politics, Legal & Regulation | Tagged alibaba, alibaba group, ant group, china, daniel zhang, fintech adoption, initial public offering, ipo, mainland china