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Jack Ma surrenders control of fintech giant Ant Group

Chinese billionaire and Alibaba (NYSE:BABA) founder, Jack Ma, will no longer control the fintech giant Ant Group as part of recent changes to the company’s corporate...
Jack Ma surrenders control of fintech giant Ant Group © Reuters.
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Chinese billionaire and Alibaba (NYSE:BABA) founder, Jack Ma, will no longer control the fintech giant Ant Group as part of recent changes to the company’s corporate structure.

Ant Group officially announced that Ma has agreed to give up control of Ant Group as part of the company’s further corporate governance optimization and restructuring.

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Alibaba’s stock 30-day price chart. Source: TradingView

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21-02-2024 05:59:37 (UTC+7)

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    EUR/USD 1.0810 Neutral  
    GBP/USD 1.2625 Neutral  
    USD/JPY 149.97 Buy  
    AUD/USD 0.6549 ↑ Sell  
    USD/CAD 1.3523 Neutral  
    EUR/JPY 162.10 Neutral  
    EUR/CHF 0.9532 ↑ Buy  
    Gold 2,036.10 ↑ Buy  
    Silver 23.040 Neutral  
    Copper 3.8575 ↑ Buy  
    Crude Oil WTI 76.78 ↑ Buy  
    Brent Oil 82.55 Neutral  
    Natural Gas 1.700 ↑ Buy  
    US Coffee C 188.03 ↑ Buy  
    Euro Stoxx 50 4,759.75 ↑ Sell  
    S&P 500 4,975.51 ↑ Buy  
    DAX 17,068.43 Sell  
    FTSE 100 7,719.21 ↑ Buy  
    Hang Seng 16,247.51 ↑ Buy  
    Small Cap 2000 2,003.65 ↑ Buy  
    IBEX 35 10,038.20 Sell  
    BASF 46.045 ↑ Sell  
    Bayer 28.77 Neutral  
    Allianz 249.40 Sell  
    Adidas 181.12 ↑ Buy  
    Lufthansa 7.339 ↑ Buy  
    Siemens AG 168.72 Neutral  
    Deutsche Bank AG 11.954 ↑ Sell  
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