Page 228 - அலிபாபா குழு வைத்திருத்தல் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ant Group s Hangzhou Headquarters. Source: Ant Group April 13, 2021 China’s regulatory-imposed revamp of Jack Ma’s Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to revive what would have been the world’s biggest IPO. The overhaul comes two days after affiliate Alibaba Group Holding Ltd, which owns around a one-third stake in Ant, was hit with a record $2.75 billion antitrust penalty as China tightens controls on its internet giants. Several Hong Kong and U.S.-based investors, and others who watch China’s markets, said the developments seemed to limit the prospects of Ant, lowering its expected profitability and valuation.

United statesHong kongGleland millerWilliam hustonDaniel kernDan hansonKevin carterLiqian renWarburg pincusSam lecornuAlibaba group holding ltdCapital holdingsCarlyle group incChina beige bookHong kong basedBay street capital holdings