BRIEF: Ant Group names Alibaba veteran as new CFO
Liu Zheng, the former financial chief of Alibaba’s (BABA.US; 9988.HK) Cainiao logistics unit, has been named as the new CFO of Ant Group, financial media Caixin reported on Monday, citing…
CHINA BULLETIN: China Further Extends Its Welcome Mat for Foreign Investors
In this week’s issue banks get creative, a doctor gets probed, and Apple’s Tim Cook can’t get enough of China. On a scale of 1 to 100, we give the…
Ant Group’s WorldFirst boosts its Southeast Asia footprint
The global payments company will start offering its cross-border e-commerce payments services in Vietnam, Thailand, the Philippines and Malaysia over the next year Key Takeaways: WorldFirst will expand its cross-border…
FAST NEWS: Sunny Optical boosts investment in Ant Consumer Finance
The latest: Smartphone camera lens producer Sunny Optical Technology (Group) Co. Ltd. (2382.HK) announced Thursday that it will boost its investment in Chongqing Ant Consumer Finance Co. Ltd. by 270 million yuan…
PODCAST: Ant Group and Tencent slapped with fines, and Freshippo steps up for IPO
China’s central bank has slapped major fines on Ant Group and Tencent, including a nearly $1 billion fine on Ant, operator of Alipay. Is this the start of a new round of big fines on China’s big tech? Or does it mark the end of a recent storm of regulation that began after outspoken Alibaba founder Jack Ma criticized the government?
CHINA BULLETIN: Janet Yellen’s Awkward Beijing Visit
In this week’s issue Janet Yellen’s awkward trip to Beijing, China’s new export restrictions, and Tesla’s China layoffs. On a scale of 1 to 100, we give the week a 35 for offshore-listed China stocks.
Net gains: Chinese tech companies rapidly gain ground on western peers in ESG
An analysis finds a general trend of significant evolution, greater transparency, and improved performance in ESG by Chinese tech giants like Alibaba, Tencent and Baidu By Dr. Mark Watson…
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