Ant Group agreed to buy a 50.55% stake in Bright Smart for HK$2.81 billion ($362.26 million), the firms said in a joint statement. Bright Smart chairman Yip Mow Lum is selling 857.98 million ...

(Bloomberg) -- China’s financial regulators plan to cap the interest rates Ant Group can charge borrowers on quick consumer loans, a move that could curb the financial technology giant’s ...

China’s market regulator recently opened an antimonopoly investigation into Ant’s sister company, the e-commerce behemoth Alibaba; Alibaba is the other pillar of the business empire built by ...

China imposed more than $1 billion in fines on tech giants Ant Group Co. and Tencent Holdings Ltd., signalling an end to a crackdown on the sector that had wiped out billions in market value and ...

On the reviewing stand in Peking, Chairman Mao Tse-tung reigned supreme as local Queen of the May ... Great Leader of the Working People of China”; the one for Stalin, “Long live Generalissimo ...

It’s been a long time coming, but it looks like China’s unofficial ban on Marvel is lifting. Disney/Marvel’s Black Panther: Wakanda Forever and Ant-Man and The Wasp: Quantumania have both ...

Ant Group has announced a share buyback that ... sweeping and severe regulatory crackdown in the history of corporate China, which affected the fortunes of other tech giants including Tencent ...

BEIJING/HONG KONG (Reuters) - China's Ant Group <688688.SS><6688.HK>, about to make the biggest public sale of shares ever, poses a basic conundrum: what kind of company is it - a financial ...

Ant Group—an Alibaba affiliate founded by billionaire Jack Ma, a recent target of Chinese regulators—was fined $985 million by the People’s Bank of China on Friday, according to China’s ...

HONG KONG, April 28 (Reuters) - Ant Group, an affiliate of China's e-commerce giant Alibaba Group (9988.HK), opens new tab, is buying a $362 million controlling stake in Bright Smart Securities ...