Ant, Alibaba look to untangle their operations after China crackdown
Alibaba Group still retains a 33% stake in Ant and the two companies have some overlap in leadership.
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Alibaba Group still retains a 33% stake in Ant and the two companies have some overlap in leadership.
BEIJING (Reuters) - Ant Group, the Chinese fintech giant controlled by billionaire Jack Ma, has appointed Hong Kong Exchanges and Clearing chairman La...
Ant also added Yang Xiaolei, an independent director of Hengfeng Bank, as a director
Laura Cha, chairman of Hong Kong Exchanges and a member of the Executive Council of the Hong Kong government, has joined the board of Ant Group as a new independent director, as the Alibaba’s fintech affiliate nears the end of a corporate restructuring aimed at easing government concerns.Yang Xiaolei, an independent director of Hengfeng Bank and a former lawyer at an affiliate of Citic Group, has also joined as a new independent director at Ant Group.After the appointment, Ant Group has four independent directors. Other independent directors are Hao Quan, a board member at PC giant Lenovo’...
Ant Group, a global technology provider, today announced its Environmental, Social and Governance (ESG) strategy as part of its latest sustainability