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Jan 21, 2022 · China’s state broadcaster has implicated Jack Ma’s Ant Group in a corruption scandal, ratcheting up pressure on the billionaire following a crackdown that has wiped billions of dollars from his...
Feb 9, 2021 · In the Spring of 2020, a scandal involving a top Alibaba Group Holding Ltd. executive enthralled China’s netizens. The wife of Jiang Fan, then the youngest partner at the e-commerce giant, had...
May 4, 2022 · Jack Ma remained silent throughout Tuesday, as rumors against him swirled on the Chinese internet. Hashtags about the detention of the suspect surnamed Ma were among the top trending topics on ...
- 'Crossed The Line'
- 'Lying Low'
- 'Unregulated' Territory
- 'Flying Dangerously Close to The Sun'
In late October, during a speech at a financial forum in Shanghai, Mr Ma blasted the country's financial watchdogs, saying that "China's financial sector basically doesn't have a system" and Chinese banks operated with a "pawnshop" mentality. Days later, Chinese regulators reportedly summoned Mr Ma and executives from Alibaba's affiliate Ant Group ...
Although Mr Ma has stepped down as Alibaba's chairman to focus more on education and philanthropic pursuits, such as his Jack Ma Foundation, he remains its biggest individual shareholderand holds considerable influence. Last week, Mr Ma met with 100 rural teachers via a video meeting as part ofJack Ma Foundation's rural teacher project. His reappea...
China's digital economy has been booming since the 1990s and the coronavirus pandemic saw many retailers rush to grow their online presence. But that financial space wasn't properly regulated for a long time, and the governance model is now being corrected, according to John Lee, a senior analyst at the Mercator Institute for China Studies (MERICS)...
So far, China's financial regulators have given few details about the antitrust investigation against Alibaba. On Tuesday, China's central bank Governor Yi Gang said Ant Group's IPO could resume once it fully complied with the country's law and had addressed customer complaints. Dr Yeophantong said Jack Ma's case spoke volumes about Xi Jinping's Ch...
- Samuel Yang
May 6, 2022 · Internet users immediately assumed the person was Jack Ma because Hangzhou is home to Alibaba and CCTV reported that the man who was arrested had a two-character name, like Jack.
Jun 7, 2021 · Beijing’s protracted dismemberment of Jack Ma Inc. continues. “Bridle on the horse” hardly describes this orgy of value destruction. This “horse” has suffered multiple amputations ...
Apr 14, 2022 · April 13 (Reuters) - The Chinese Communist Party's anti-corruption watchdog was among the agencies involved in a recent inquiry into links between billionaire Jack Ma's Ant Group (688688.SS)...
