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Top related persons:
Jack Ma’s Ant - 2 Carlyle - 1 repurchasing - 1 Harvey Schwartz - 1 ByteDance - 1 Antony Currie - 1 Thomas Shum - 1 Deirdre Bosa - 1
Top related locs:
China SINGAPORE United States People’s Republic Hong Kong Macau McDonald’s Rome
Top related orgs:
HK - 1 X - 1 Walmart - 1 Thomson - 1 Ant - 1

Search resuls for: "Jack Ma’s Ant"


5 mentions found


☆ Carlyle’s Big Mac China dish is hard to match
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +2 min
SINGAPORE, Nov 22 (Reuters Breakingviews) - Carlyle (CG.O) may be lagging its peers in the United States. But in China, at least, the buyout firm is finishing a meal that will be hard for others to find. That’s less than the private equity outfit run by Harvey Schwartz was hoping for, but is tasty enough. Given geopolitical tensions and China’s weak economic growth, Carlyle has done well to secure a hassle-free exit. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Carlyle, repurchasing, Harvey Schwartz, ByteDance, Jack Ma’s Ant, Antony Currie, Thomas Shum Organizations: Reuters, HK, X, Walmart, Thomson Locations: SINGAPORE, United States, China, People’s Republic, Hong Kong, Macau, McDonald’s, Rome
☆ Alibaba stock soars as China ends tech crackdown with Ant Group fine
  + stars: | 2023-07-07 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlibaba stock soars as China ends tech crackdown with Ant Group fineCNBC's Deirdre Bosa joins 'Power Lunch' to report why investors are reacting optimistically to the news of Beijing slapping a nearly $1 billion fine on Jack Ma’s Ant Group.
Persons: Deirdre Bosa, Jack Ma’s Ant Organizations: Ant Locations: China, Beijing
☆ Jack Ma's Alibaba, China tech giants are making a comeback post zero Covid
  + stars: | 2023-01-05 | by ( Laura He | ) edition.cnn.com   time to read: +3 min
Hong Kong CNN —Chinese tech giants are witnessing a dream start to the year. US-listed shares of Chinese e-commerce firms Alibaba (BABA), JD.com (JD) and Pinduoduo (PDD) added $53 billion to their combined market value on Wednesday. The surge comes as investors are feeling optimistic that Chinese regulators will go easy on tech firms this year and also introduce measures to boost growth in the industry. The change in sentiment comes after Jack Ma’s Ant Group won a key approval for capital expansion. Chinese tech companies have faced a sweeping regulatory crackdown since late 2020, which drove investors away.
☆ China steps up support for private sector to boost Covid-hit economy
  + stars: | 2022-12-19 | by ( Laura He | ) edition.cnn.com   time to read: +5 min
Hong Kong CNN —Beijing has vowed to go all out next year to save its Covid-hit economy by boosting consumption and loosening control over private industry, including the struggling tech and property sectors. Covid infections are surging in China after leaders unexpectedly eased its restrictive Covid policy earlier this month. Stabilizing economic growth is the top priority for 2023, according to an official readout following the conclusion of the Central Economic Work Conference (CEWC), a key annual meeting of top leaders, which ended Friday. “We need to encourage and support the private sector economy and private enterprise in terms of policy and public opinion,” the statement said. A shopping mall is decorated with rabbit stickers to welcome the Lunar New Year, the Year of the Rabbit, on December 10, 2022 in Beijing, China.
☆ China's tech giants will have to keep on giving
  + stars: | 2022-11-23 | by ( Yawen Chen | Thomson Reuters | Beijing | ) www.reuters.com   time to read: +4 min
China’s technology sector has taken a pounding since watchdogs cancelled Ant’s $37 billion stock market debut at the last minute in 2020. The Hang Seng Tech index (.HSTECH), which includes social media giant Tencent (0700.HK) and JD, has fallen another 38% this year. China's powerful market regulator proposed amendments on Tuesday to a law on unfair competition. The e-commerce giant intends, in addition, to allocate at least 10 billion yuan to offer employees interest-free loans to buy a house. The benefits include plans to allocate 10 billion yuan ($1.40 billion) to a fund to assist employees of JD and recently acquired courier firm Deppon Logistics with buying homes.
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