Discover and read the best of Twitter Threads about #ANTGROUP

Most recents (10)

⚡ CPC held an economy-focused politburo meeting today, stressing new obstacles in economic transformation while demand is still not sufficient.
Boosting demand is key to economic improvement.
#China
Key takeaways from the CPC's politburo meeting:
🔸The triple pressures of shrinking have been alleviated, and econ growth beat expectations.
🔸To deepen reform and opening up, combining the effectiveness of policies with the stimulation of vitality among market entities.
2/n
🔸China will expand the advantages of NEVs, pushing forward charging stations and energy storage and supporting power grids.
🔸To attach great importance to AI dev, while managing risks
🔸To stimulate demand through active fiscal policies and stable monetary policies.
3/n
Read 5 tweets
*BREAKING
CHINA'S TOP GRAFT WATCHDOG TAKES DIRECT ROLE IN PROBE OF ANT-Bloomberg
$BABA #AntGroup
The CCDI was seeking to understand the influence of Jack Ma’s fintech empire Ant Group and the extent of its transactions with state banks and enterprises.
$BABA
The CCDI, which oversees corruption probes involving senior members of the Communist Party, was involved in the queries sent to state firms in February about their exposure as part of its investigation of former #Hangzhou party chief Zhou Jiangyong. $BABA
Read 4 tweets
Alibaba Group announces December quarter 2021 results:
Alibaba 3Q rev. 242.58b yuan, est. 244.91b yuan;
Alibaba 3Q diluted earnings per ADS RMB7.51 (US$1.18);
Alibaba 3Q annual active consumers 1.28 bln, est. 867.9m.
#Alibaba $BABA
$BABA pares premarket losses after financial results, last down 3.8%.
#Alibaba
Alibaba 3Q non-GAAP diluted earnings per ADS RMB16.87 (US$2.65);
Alibaba 3Q net earnings 20.429b yuan, est. 31.018 yuan.
Alibaba: China commerce boost driven by Taobao deals additions.
#Alibaba $BABA
Read 7 tweets
Few major headlines recently seem to be connected;

- #Greensill #Cameron #Softbank #Wirecard #Fintech
- #Bitcoin #Coinbase #Crypto #NFTs
- #Ant #JackMa #China #BeltandRoad
- New opportunities & Race to 'be first' in the new era
🇺🇸💪🇨🇳 💰🌏🌎🌍
- #GeoPolitics
- #disruption
🙄🤔
While lockdown has been slow for some, it's certainly not been for others who have smelt the winds of change!

#SPACs are bypassing Direct Listings & IPO's in a race to market - Sucking up all that 💰 hunting for returns 📈

#Fintech joining 'Democratise & Digitalise everything'
#China seem poised to become the worlds leading power - #US are on guard! 🧐

Little bit like their former communist friends (Russia) the leadership are getting their Oligarchs/Titans in-line & on-message before their potential big push.

Everything seems to be changing around us
Read 12 tweets
#MasayoshiSon says China's crackdown on #Alibaba is nothing different than antitrust regulations in US or UK

businessinsider.in/international/…

By @SanchDash
@SanchDash #MasayoshiSon, the founder and CEO of #SoftBank, and a long-time friend of #Alibaba founder #JackMa, said that the Chinese crackdown on Alibaba is the same as anti-trust regulations that have existed since a long time in the US or European countries.
@SanchDash Whereas in #China, according to Son, internet companies had a free hand, where they could do whatever they wanted.

#MasayoshiSon #Alibaba
Read 9 tweets
Where is #JackMa? Questions arise about the billionaire’s whereabouts as #Alibaba faces scrutiny from the Chinese government

businessinsider.in/international/…

By @SanchDash
@SanchDash #JackMa, the Chinese billionaire currently under scrutiny by the government of #China, has reportedly not been seen in public for several weeks.

#Alibaba
#JackMa was scheduled to appear for the filming of his own talent show – Africa’s Business Heroes but was instead replaced by another #Alibaba executive.
Read 10 tweets
आजच्या थ्रेडमध्ये चीन ने जॅक मा यांच्या ॲंटग्रुप IPO‌ बद्दल जी कठोर पाऊलं उचलली आहेत त्याबद्दल लिहीलं आहे..
थ्रेडमध्ये
१)IPO,FPO आणि त्याची ऐतिहासिक किंमत
२)ॲंट ग्रुप,सौदी अरामको व अली पे
४)IPO suspend करण्यामागे नक्की कारणं काय असु शकतात इ..
#म #मराठी #रिम #threadकर #alibaba Image
तुम्हाला मुळात चीनचे असणारे व जगातील इ-काॅमर्स क्षेत्रातील महाबलाढ्य नाव म्हणजेच 'जॅक मा' माहित असतीलच!!
तर विषय असा आहे की त्यांची #alibaba नावाची इ-काॅमर्स कंपनी आहे.इ-काॅमर्स कंपनी म्हणजे भारतात जशी ॲमेझोन आहे अगदी तशीच ती चीनमध्ये आहे..पण तिच्यासोबत जॅक मा यांची Image
आणखी एक कंपनी आहे.तिच नाव आहे #ANTGROUP..या ॲंटग्रुपचे जे IPO बाजारात येणार होते त्यावर चीनने बंदी घातली आहे.प्रथम आपण IPO(Initial Public Offering)म्हणजे काय समजुन घेऊ.
जेव्हा एखाद्या कंपनीला बाजारात विस्तार करायचा असेल तेव्हा तिला पैसा लागतो..त्यावेळीस ती एकतर बॅंकेकडुन पैसे घेऊ Image
Read 12 tweets
It's rumored that the US sanctions against Ant Group, Alibaba, and TenCent were derailed by a single phone call from Mike Evans (Alibaba president and Goldman Sachs alum) to a senior US Govt official. Ant Group could have agreed to share transaction data and account details 1/4
with US intelligence. Maybe xi decided to go with China's own digital currency? It's possible xi wanted to stop Jack Ma's bombastic public comments about the Chinese banks? Could this be a Bo Xilai moment for Mr. Ma? It wasn't long ago when Dalian Wanda, HNA, and Anbang 2/4
were high-flying leaders in their industries. All investors in Chinese stocks need to know is that the CCP decides who wins and who loses...who goes to jail and who gets pushed off 2-ft walls in France. If anyone actually read through the Ant listing prospectus, 3/4
Read 4 tweets
#JackMa’s $34 billion #AntGroup IPO listing has been suspended by the #ShanghaiStockExchange

businessinsider.in/business/news/…

By @SanchDash
A huge blow for #AntGroup and #JackMa as his $34 billion IPO has hit a hurdle with the Shanghai Stock Exchange suspending its listing. Ant was set to begin trading on Hong Kong exchanges on November 5.
“Recently, it happened that your company’s actual controller, chairman and general manager were jointly conducted supervisory interviews by relevant departments, and your company also reported on major issues such as changes in the financial technology regulatory environment..."
Read 6 tweets
Ant Group and Alibaba are partial owners and customers of Megvii Technology (旷视), a Chinese artificial intelligence company based in Beijing. Megvii was blacklisted by the US Commerce department in October, 2019 for its uses by the Chinese government genocide in Xinjiang.
Ant's draft prospectus does discuss the "possibility that its business may be affected by enhanced restrictions against China and other Chinese technology companies, including us and Alibaba in 'dual use' commercial technologies and applications that are deployed for...
surveillance or military purposes..." China's military-civil fusion program is exactly what US authorities have been focused on when sanctioning malevolent Chinese companies.
Read 4 tweets

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