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Equity investing: Paytm Money app gaining traction - The Hindu BusinessLine

Equity investing: Paytm Money app gaining traction - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Paytm IPO: Paytm IPO: Chinese nationals exit board


(This story originally appeared in
on Jul 07, 2021)MUMBAI: Ahead of Paytm’s initial public offering (IPO), all Chinese nationals representing key investor Ant Group have stepped down from the board. While Ant Group continues to have a representative on board, the employee is a US national based in Florida.
According to filings with the registrar of companies, Jing Xiandong of Alipay and Guoming Cheng of Ant Financial, both Chinese nationals, have ceased to be directors of the company. Additionally, Micheal Yuen Jen Yao, a US national, and Ting Hong Kenny Ho, a Chinese national of Alibaba based in Hong Kong, also ceased to be directors. ....

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Chinese authorities turn the heat on fintech tycoon Jack Ma


January 6, 2021
The first few days of this year were rife with speculation that Alibaba founder Jack Ma had disappeared. But the fintech tycoon remains elusive, reportedly under supervision by Chinese authorities, the Asia Times Financial reported. Ever since he made a speech in October last year, Jack Ma has had several run-ins with the Chinese state and financial regulators.
In early November 2020, the initial public offering of one of his companies, the Ant Group, was suspended by the Shanghai Stock Exchange. This was followed by China’s central bank and antitrust watchdog turning the screws on the Alibaba Group and Ant Group as well as Ma himself. ....

Jack Ma , York Stock Exchange , Ant Group Indian , Goldman Sachs , Shanghai Stock Exchange , Ant Group , People Bank , Communications Paytm , New York Stock Exchange , Administration For Market Regulation , Ali Baba Group , Asia Times Financial , Shanghai Stock , Bund Summit , State Administration , Market Regulation , New York Stock , பலா மா , யார்க் ஸ்டாக் பரிமாற்றம் , எறும்பு குழு இந்தியன் , கோல்ட்மேன் சாக்ஸ் , ஷாங்காய் ஸ்டாக் பரிமாற்றம் , எறும்பு குழு , மக்கள் வங்கி , தகவல்தொடர்புகள் பாய்த்ம் , புதியது யார்க் ஸ்டாக் பரிமாற்றம் ,