Ant Group and Chinese regulators have agreed on a restructuring plan that will turn Jack Ma’s fintech giant into a financial holding company, people familiar say. Announcements could come before lunar holiday and Ant is still hoping to explore an IPO https://t.co/9LKsydsT7M
— Lulu Yilun Chen (@luluyilun) February 3, 2021
3 months since the cancelled IPO.
— Glenn Luk (@GlennLuk) February 3, 2021
This is like warp speed in the regulatory world.
Must have been working around the clock on both sides of the table. https://t.co/K7I5pJ2fAK
Ant Group strikes deal with Chinese regulators over restructuring https://t.co/IvnyQvsvex
— FT China (@ftchina) February 3, 2021
Antグループ、全事業を金融持株会社の傘下に置く方向で規制当局と合意。銀行と同様の資本要件が課せられることになる。IPOの可能性については検討中であり、時期は明らかではない。https://t.co/D2rHkURZvg
— Axion | デジタル経済のウォッチドッグ (@axion_zone) February 3, 2021
Analysts have estimated the new rules could reduce Ant’s valuation from anywhere between 10% and 50% https://t.co/CAfkR16XDe
— Financial Times (@FinancialTimes) February 3, 2021
Good feelings and news for Alibaba $BABA
— Rodri V.R. (@HolyFinance) February 3, 2021
Lets see where is the company in 1 year (And I am a really long-term investor) after this noisy year.https://t.co/pmHX7tGIOn https://t.co/ggmnqDrTz1
Chinese regulators have agreed a restructuring plan with Ant Group that will combine all its business segments, including its #Blockchain arm, into a financial holding companyhttps://t.co/s8B7llguGD
— XRPcryptowolf (@XRPcryptowolf) February 3, 2021
Learn it. Report: Ant Group to overhaul structure per agreement with China authorities https://t.co/aqV4OCx8ZC via @cointelegraph #tech #digital #data #business
— Kohei Kurihara -DataPrivacy for Fighting Covid-19- (@kuriharan) February 4, 2021