
Honor, Ant Group Launch Digital Services Cooperation
Chinese smartphone maker Honor and Chinese fintech giant Ant Group have jointly announced a strategic cooperation agreement on March 16.
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Chinese smartphone maker Honor and Chinese fintech giant Ant Group have jointly announced a strategic cooperation agreement on March 16.

The positions of legal representative and chairman of Ant Group's insurance agency company have recently been changed to Zhang Yu, Vice President of Ant Group. This marks another key executive change to the platform since April 2021.

Ant Group CEO Simon (Xiaoming) Hu on Friday evening announced that he would be stepping down from his role at the firm, after an internal email was obtained by domestic media outlet 36Kr.

A new delegated investment product, "Jinxuan Investment," launched by Alipay and other six institutions on January 4 this year, has been suspended.

Recently, recruitment platform information shows that Ant Group is recruiting for positions related to embodied intelligent humanoid robot systems and applications.

Ant Group on Oct. 21 received approval from the China Securities Regulatory Commission (CSRC) for its Shanghai IPO.

Chinese authorities are considering requiring Tencent to include its WeChat Pay system in a newly created financial holding company.

WeChat and Ant Group are both developing AI application platforms.

China’s financial technology giant Alibaba’s Ant Financial Service Group Co. cut credit limits for some young users on its digital consumer lending platform Huabei in recent days.

According to the official website of Chinese financial technology giant Ant Group, Sam Zeng, the former Chief People Officer, left his post and has been replaced by Wu Minzhi, previously the firm's deputy CPO.

Ant Group is set to raise about $34 billion as shares are planning to trade in both Hong Kong and Shanghai next month, marking the most massive IPO in the world.

China’s fintech giant Ant Group on Tuesday responded to the recent news about its IPO postponement due to securities regulator’s investigation, saying the listing process is proceeding in an orderly manner.