Ant Digital Technologies

New Business

Hong Kong moves from theory to practice with real-value tokenised money, asset deals

Hong Kong’s de facto central bank has begun facilitating real-value transactions using tokenised deposits and digital assets under a controlled…

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New Business

Ant Group picks AI-assisted healthcare as new growth area amid China’s rapid ageing

Chinese fintech firm Ant Group, an affiliate of Alibaba Group Holding, has picked healthcare as a new artificial intelligence-driven business…

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New Business

Alibaba, Ant buy top 13 floors of One Causeway Bay in vote of confidence for Hong Kong

Alibaba Group Holding and Ant Group have agreed to pay HK$7.2 billion (US$925 million) to buy the top floors of…

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New Business

Jack Ma-backed Yunfeng names ex-Ant Group executive as top Web3 architect

Geoff Jiang Guofei – former president at Ant Digital Technology Business Group, responsible for leading the fintech giant’s blockchain project…

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New Business

Ant Group rules out foray into cryptocurrencies, embraces tokenisation economy

Ant Group has distanced itself from the business of issuing cryptocurrencies, pledging to focus on tokenisation to support the “real…

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New Business

China’s state-asset watchdog explores potential role of stablecoins, other digital assets

The State-owned Assets Supervision and Administration Commission (SASAC) in Shanghai said SOEs must “maintain a keen awareness of emerging technologies”…

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New Business

Hong Kong stablecoin law draws mainland attention as Citic anticipates tokenisation boom

Hong Kong’s move to legalise stablecoins – cryptocurrencies that maintain a fixed value by being pegged to a reference asset…

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Tech

Ant Group’s blockchain arm Zan wants to be the Google or Microsoft of Web3 in Hong Kong

Ant Digital Technologies, a subsidiary of the Chinese fintech giant Ant Group, wants its new Hong Kong blockchain venture Zan…

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Tech

Hong Kong’s launch of wCBDC sandbox takes it closer to tokenised market

Hong Kong’s de facto central bank on Wednesday launched a sandbox for wholesale central bank digital currency (wCBDC), with six…

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