Alibaba's financial services arm Ant Group has won the rights to a plot of land in Shanghai's Huangpu District. Analysts have suggested that the move may indicate Alibaba is accelerating its split with Ant Group, so as to promote the latter's restart of an IPO bid.
On the evening of July 28, a screenshot showing that "the monthly income of a post-90s brokerage trader is 82,500 yuan ($12,225)" went viral on Chinese social media platforms.
China's first batch of CSI SEEE Carbon Neutral Index ETFs was officially approved on Tuesday. Eight money management companies reported such ETF products in April this year.
Ant Group, an Alibaba-owned internet financial services company, announced Monday that it has reached a strategic partnership with Singapore-based payment platform 2C2P.