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China s Ant explores ways for Jack Ma to exit as Beijing piles pressure - sources

Article content HONG KONG Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signaled to the company that the move could help draw a line under Beijing’s scrutiny of its business, according to a source familiar with regulators’ thinking and two people with close ties to the company. Reuters is for the first time reporting details of the latest round of meetings and the discussions about the future of Ma’s control of Ant, exercised through a complicated structure of investment vehicles. The Wall Street Journal previously reported that Ma had offered in a November meeting with regulators to hand over parts of Ant to the Chinese government. https://on.wsj.com/2QvkHbc

Hong kongSumeet chatterjeeAndrew collierJulie zhuCheng lengJack maEdward tobinParitosh bansalOrient capital researchCouncil information officePeople bankAnt groupAlibaba group holding ltdPostmedia network incInsurance regulatory commissionWall street journal

China s Ant explores ways for Jack Ma to exit as Beijing piles pressure

HONG KONG, April 17 (Reuters): Ant Group is exploring options for founder Jack Ma ( pic) to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signaled to the company that the move could help draw a line under Beijing s scrutiny of its business, according to a source familiar with regulators thinking and two people with close ties to the company. Reuters is for the first time reporting details of the latest round of meetings and the discussions about the future of Ma s control of Ant, exercised through a complicated structure of investment vehicles.

Andrew collierJack maAlibaba group holding ltdAnt groupPeople bankOrient capital researchCouncil information officeInsurance regulatory commissionWall street journalChina bankingChinese new yearState council information officeLorient capitalBig pressureஆண்ட்ரூ கோலியர்பலா மா

China s Ant explores ways for Jack Ma to exit as Beijing piles pressure, say sources

Hong Kong: Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signaled to the company that the move could help draw a line under Beijing s scrutiny of its business, according to a source familiar with regulators thinking and two people with close ties to the company. Reuters is for the first time reporting details of the latest round of meetings and the discussions about the future of Ma s control of Ant, exercised through a complicated structure of investment vehicles. The Wall Street Journal previously reported that Ma had offered in a November meeting with regulators to hand over parts of Ant to the Chinese government.

Hong kongAndrew collierJack maAlibaba group holding ltdAnt groupChina ant groupOrient capital researchCouncil information officeImage creditWall street journalChinese new yearState council information officeLorient capitalஹாங் காங்ஆண்ட்ரூ கோலியர்பலா மா

China s Ant explores ways for Jack Ma to exit as Beijing piles pressure: Sources

China s Ant explores ways for Jack Ma to exit as Beijing piles pressure: Sources
thepeninsulaqatar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepeninsulaqatar.com Daily Mail and Mail on Sunday newspapers.

Hong kongAndrew collierJack maAlibaba group holding ltdPeople bankOrient capital researchCouncil information officeInsurance regulatory commissionWall street journalChina bankingChinese new yearState council information officeLorient capitalஹாங் காங்ஆண்ட்ரூ கோலியர்பலா மா

China s Ant explores ways for Jack Ma to exit as Beijing piles pressure: Sources

China s Ant explores ways for Jack Ma to exit as Beijing piles pressure: Sources
channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.

Andrew collierJack maAlibaba group holding ltdAnt groupPeople bankOrient capital researchCouncil information officeInsurance regulatory commissionWall street journalChina bankingChinese new yearState council information officeLorient capitalஆண்ட்ரூ கோலியர்பலா மாஅலிபாபா குழு வைத்திருத்தல் லிமிடெட்