It appears Chinese authorities have finally induced Jack Ma to cave. After the co-founder of Alibaba and Ant was feared possibly missing as he disappeared from public few during the final months of last year which coincided with increased government scrutiny on his hugely successful and rapidly expanding Ant Financial fintech – since subject of an antitrust investigation initiated in December – only to briefly re-emerge for a live-streamed conference in January, China has apparently made it clear that the only way Ma could make amends for previously pointing out that Chinese banks are unsound is if Beijing gets regulatory control over Ant. READ MORE
Similar Posts:
- After Jack: Alibaba Searches for New Growth in the Post-Ma Era (Nikkei Asian Review)
- Tencent Chases Alibaba for Cloud Computing Supremacy (Nikkei Asian Review)
- China Internet Update (KraneShares)
- Why Alibaba’s Jack Ma Can’t Seem to Win Over the U.S. (WSJ)
- Asia300: Chinese Companies Face Surging Write-offs (Nikkei Asian Review)
- Some of China’s Richest and Most Powerful Men Have Mysteriously Vanished (LA Times)
- Alibaba 2017 Investor Day
- Quiet Capital Flight Dents China’s Sway as $1.2tn ‘Disappears’ (Nikkei Asian Review)
- Fund Managers: Why We Couldn’t Resist the Alibaba IPO (FE Trustnet)
- China: A Visit to the Epicenter (KKR)
- China M&A a Bright Spot Amid Regional Decline (The Asset)
- The Perfect Storm Confronting Xi Jinping (Heritage Foundation)
- China beyond Evergrande: Contagion or containment? (PineBridge Investments)
- The Incredible Rise of Pinduoduo, China’s Newest Force in eCommerce (TechCrunch)
- China: Navigating the Regulatory Landscape (UBS AM)
