Alibaba chairman says China's antitrust rules 'necessary'
The move to regulate monopolistic power of China's technology giants sparked a sell-off in Chinese internet stocks. Alibaba's stock price in Hong Kong plunged about 10 per cent following the announcement
China opposes Indian bans of its mobile apps
India banned 43 of the apps on Tuesday, including Alibaba Group Holding Ltd's e-commerce app Ali...
Watchdog checks out on Jack Ma ahead of world's biggest IPO
The meeting comes after Ma questioned whether international financial regulations...
Alibaba beats quarterly sales estimates on e-commerce strength
Sales from Alibaba's core e-commerce business rose 29 per cent to 130.92 billion yuan in the reported quarter.
Alibaba falls after Ant Group’s IPO is suspended
Ant Group Co. said its listings in both Shanghai and Hong Kong have been suspended.
3-year experiment helps Alibaba reinvent factories
After helping more than a million brick-and-mortar Chinese retailers modernise their operations, Alibaba Group Holding has now set its sights on a new target: the country’s outdated factories.
Alibaba CEO says China's draft anti-monopoly rules 'timely and necessary'
China's move to draft rules aimed at preventing monopolistic behaviour by internet platforms is "timely and necessary", Alibaba Group CEO Daniel Zhang said on Monday.
Chinese state pulls brake on Jack Ma's plan to create world's biggest Fintech firm
According to sources, this was done to reduce Jack Ma’s powers, economical & political. It intended to send message to its people – nobody in the country will be allowed to go big unless it is the will of the Government.
Jack Ma: Ebullient billionaire and totem of China's rise
Jack Ma, the ebullient and unconventional billionaire founder of tech giant Alibaba, now finds himself battling the ignominy of having the world's biggest-ever IPO halted days before its launch by Chinese regulators.
Alibaba, Tencent put talks to buy iQIYI stake on hold due to price, regulatory concerns: Sources
But the discussions have stalled with little hope of recommencing soon as they balk at a valuation of around $20 billion demanded by Baidu and as both companies, which have their own video streaming services, face heightened scrutiny by China's antitrust regulators, two people said.
Ant Group IPO pricing "history's largest", says Alibaba's Jack Ma
"It's the first time that the pricing of such a big listing - the largest in human history - has been determined outside New York City" he told the Bund Summit in the eastern financial hub of Shanghai.
Jack Ma had it right about Ant Group and China's bank rules
Sure, we can argue about capital buffers and all the post-global financial crisis accords. Fintech players shouldn’t be allowed to run wild. But though Ant is large, which worries regulators, it’s not China’s biggest problem. The focus should be less on size and more on lending practices, borrowers and recovery methods.
Jack Ma’s wealth drops $3 billion after Ant Group IPO freeze
Ma, a 56-year-old former English teacher who co-founded Alibaba with $60,000 and turned it into China’s largest e-commerce company, would have leaped up the wealth rankings with Ant’s planned $34.5 billion share sale.
Jack Ma's blunt words just cost him $35 billion
Ma’s words were blunt, but these phrases, such as “pawn shops,” are not his concoctions. Bureaucrats at the People’s Bank of China, for instance, had used the same words themselves. So why is Ma being singled out?
Ant IPO pricing was determined on Friday: Alibaba founder Jack Ma
Backed by Chinese e-commerce giant Alibaba, Ant plans to list simultaneously in Hong Kong and on Shanghai's STAR Market in the coming weeks.