Ant Group

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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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Opinion | Quality should come before quantity for Hong Kong’s IPOs

Hong Kong has long stood as a beacon of financial prowess, with its stock exchange often leading the world in…

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Tech

DBS launches treasury tokens with Ant International for cross-border liquidity management

DBS, Singapore’s largest banking group, has launched a treasury token pilot project with Ant International to improve cross-border treasury and…

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Tech

Ant Group invests in writing assistant start-up Mita as Chinese tech firms keep betting on AI

Ant Group has led a new round of investment in a low-profile Chinese artificial intelligence (AI) start-up with a focus…

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Tech

Tencent closes WeChat Pay in Malaysia as it shifts focus to Chinese tourists

Tencent Holdings is shutting down WeChat Pay Malaysia, the Chinese technology giant’s six-year old local e-wallet service, as it seeks…

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Tech

Sora finds a new rival in China as start-up Shengshu AI rolls out text-to-video tool

Shengshu said Vidu is able to generate a four-second clip in 30 seconds, according to a statement. That makes it…

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Tech

How China’s online microlenders reached a tipping point in world’s biggest mobile internet market

Back then, anything that cost more than around 500 yuan (US$76) was a stretch as she was on a fixed…

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Tech

Inside China Tech: tracing the historical roots of recent AI, moneylending innovations

Now, AI technology is making it possible to put a realistic face on a number of these historical figures. Hu…

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Tech

Ant Group prices Hong Kong leg of stock offering at HK$80 a share in the world’s largest initial public offering

Hangzhou-headquartered Ant’s coming out parade also illustrates China’s lead in digital finance. The number of monthly active users of Ant’s…

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Tech

US shelves bid to blacklist China’s Ant Group after phone call by Alibaba president, sources say

But the Commerce Department, which oversees the blacklist, shelved the proposal after Alibaba president Michael Evans urged Commerce Secretary Wilbur…

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