企鹅大人 personal page - To The Moon

企鹅大人

企鹅大人

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06-20

$SIA(C6L.SI)$ good buy

06-20

$SIA(C6L.SI)$ good buy

2023-12-14

$SINGAPORE AIRLINES LTD(C6L.SI)$ sharing for a reward. Keep soaring

2023-12-14

$SINGAPORE AIRLINES LTD(C6L.SI)$ good

2023-12-12

Mutually beneficial. 👍

2022-12-13

$SINGTEL(Z74.SI)$

2022-12-12

$SINGTEL(Z74.SI)$

2022-12-06

$SINGTEL(Z74.SI)$

2022-12-05

$SINGTEL(Z74.SI)$

2022-12-04

$SINGTEL(Z74.SI)$

2022-12-03

$SINGTEL(Z74.SI)$

2022-12-02

$SINGTEL(Z74.SI)$

2022-12-01

$SINGTEL(Z74.SI)$

2022-11-30

$SINGTEL(Z74.SI)$

2022-11-29

$SINGTEL(Z74.SI)$

2022-11-28

$SINGTEL(Z74.SI)$

2022-11-27

$SINGTEL(Z74.SI)$

2022-11-26

$SINGTEL(Z74.SI)$

2022-11-25

$SINGTEL(Z74.SI)$

2022-11-23

$SINGTEL(Z74.SI)$

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Keep soaring","listText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$ </a> sharing for a reward. Keep soaring","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$ sharing for a reward. Keep soaring","images":[{"img":"https://community-static.tradeup.com/news/ff62f430a9d3542c350bad2b79772dc3","width":"882","height":"1608"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/251774262427888","isVote":1,"tweetType":1,"viewCount":352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9905982770,"gmtCreate":1659797126092,"gmtModify":1703766610786,"author":{"id":"4117066088884392","authorId":"4117066088884392","name":"企鹅大人","avatar":"https://community-static.tradeup.com/news/0f8bee17a42d3836edc848790f66f177","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117066088884392","authorIdStr":"4117066088884392"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BWCU.SI\">$EC WORLD REIT(BWCU.SI)$</a>amy development?","listText":"<a href=\"https://ttm.financial/S/BWCU.SI\">$EC WORLD REIT(BWCU.SI)$</a>amy development?","text":"$EC WORLD REIT(BWCU.SI)$amy development?","images":[{"img":"https://community-static.tradeup.com/news/189ce7f78aff879760f4333d7c01378d","width":"1080","height":"2351"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905982770","isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9044485209,"gmtCreate":1656809327201,"gmtModify":1676535896413,"author":{"id":"4117066088884392","authorId":"4117066088884392","name":"企鹅大人","avatar":"https://community-static.tradeup.com/news/0f8bee17a42d3836edc848790f66f177","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117066088884392","authorIdStr":"4117066088884392"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BWCU.SI\">$EC WORLD REIT(BWCU.SI)$</a>Time to enter?","listText":"<a href=\"https://ttm.financial/S/BWCU.SI\">$EC WORLD REIT(BWCU.SI)$</a>Time to enter?","text":"$EC WORLD REIT(BWCU.SI)$Time to enter?","images":[{"img":"https://community-static.tradeup.com/news/8205d0781c53c97439e879c2aad6619c","width":"1080","height":"2351"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9044485209","isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3585001294737518","authorId":"3585001294737518","name":"Universe宇宙","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"idStr":"3585001294737518","authorIdStr":"3585001294737518"},"content":"Pourquoi ne pas faire la queue à 10 cents ? [Doubt] Peut-être plus de verrouillage à venir ? [Doubt] Ou la société rachète-t-elle secrètement ses actions bon marché ? [Doubt]","text":"Pourquoi ne pas faire la queue à 10 cents ? [Doubt] Peut-être plus de verrouillage à venir ? [Doubt] Ou la société rachète-t-elle secrètement ses actions bon marché ? [Doubt]","html":"Pourquoi ne pas faire la queue à 10 cents ? [Doubt] Peut-être plus de verrouillage à venir ? [Doubt] Ou la société rachète-t-elle secrètement ses actions bon marché ? [Doubt]"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":318813907349592,"gmtCreate":1718848858402,"gmtModify":1718848861322,"author":{"id":"4117066088884392","authorId":"4117066088884392","name":"企鹅大人","avatar":"https://community-static.tradeup.com/news/0f8bee17a42d3836edc848790f66f177","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117066088884392","authorIdStr":"4117066088884392"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SIA(C6L.SI)$ </a> good buy&nbsp;","listText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SIA(C6L.SI)$ </a> good buy&nbsp;","text":"$SIA(C6L.SI)$ good buy","images":[{"img":"https://community-static.tradeup.com/news/708f3d2fae5f4d7aab6c92beaf5a40a9","width":"1008","height":"1946"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/318813907349592","isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":251773168668832,"gmtCreate":1702511313220,"gmtModify":1702511316095,"author":{"id":"4117066088884392","authorId":"4117066088884392","name":"企鹅大人","avatar":"https://community-static.tradeup.com/news/0f8bee17a42d3836edc848790f66f177","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117066088884392","authorIdStr":"4117066088884392"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$ </a> good","listText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$ </a> good","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$ good","images":[{"img":"https://community-static.tradeup.com/news/76b43a3a9608adf2c3d8ed67987af8c1","width":"882","height":"1608"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/251773168668832","isVote":1,"tweetType":1,"viewCount":488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9982322973,"gmtCreate":1667099511192,"gmtModify":1676537860989,"author":{"id":"4117066088884392","authorId":"4117066088884392","name":"企鹅大人","avatar":"https://community-static.tradeup.com/news/0f8bee17a42d3836edc848790f66f177","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117066088884392","authorIdStr":"4117066088884392"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/Z74.SI\">$SINGTEL(Z74.SI)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/Z74.SI\">$SINGTEL(Z74.SI)$</a><v-v data-views=\"1\"></v-v>","text":"$SINGTEL(Z74.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9982322973","isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9079822484,"gmtCreate":1657175534548,"gmtModify":1676535964407,"author":{"id":"4117066088884392","authorId":"4117066088884392","name":"企鹅大人","avatar":"https://community-static.tradeup.com/news/0f8bee17a42d3836edc848790f66f177","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117066088884392","authorIdStr":"4117066088884392"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$</a>doing fine","listText":"<a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$</a>doing fine","text":"$DBS GROUP HOLDINGS LTD(D05.SI)$doing fine","images":[{"img":"https://community-static.tradeup.com/news/7e7f7f8d1167be683f63a31325d1549c","width":"1080","height":"2351"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079822484","isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9070066300,"gmtCreate":1656984744300,"gmtModify":1676535927136,"author":{"id":"4117066088884392","authorId":"4117066088884392","name":"企鹅大人","avatar":"https://community-static.tradeup.com/news/0f8bee17a42d3836edc848790f66f177","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117066088884392","authorIdStr":"4117066088884392"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>Company business is still doing fine.","listText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>Company business is still doing fine.","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$Company business is still doing fine.","images":[{"img":"https://community-static.tradeup.com/news/60f380577cfa780b78e2eada669a8db6","width":"1080","height":"2351"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070066300","isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9046514450,"gmtCreate":1656372044270,"gmtModify":1676535814094,"author":{"id":"4117066088884392","authorId":"4117066088884392","name":"企鹅大人","avatar":"https://community-static.tradeup.com/news/0f8bee17a42d3836edc848790f66f177","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117066088884392","authorIdStr":"4117066088884392"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BWCU.SI\">$EC WORLD REIT(BWCU.SI)$</a>is the company still fundementally strong?","listText":"<a href=\"https://ttm.financial/S/BWCU.SI\">$EC WORLD REIT(BWCU.SI)$</a>is the company still fundementally strong?","text":"$EC WORLD REIT(BWCU.SI)$is the company still fundementally strong?","images":[{"img":"https://community-static.tradeup.com/news/cb96146f419dcf4a1ee62e8b3af94c62","width":"1080","height":"2351"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046514450","isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9043843081,"gmtCreate":1655909101743,"gmtModify":1676535730119,"author":{"id":"4117066088884392","authorId":"4117066088884392","name":"企鹅大人","avatar":"https://community-static.tradeup.com/news/0f8bee17a42d3836edc848790f66f177","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117066088884392","authorIdStr":"4117066088884392"},"themes":[],"htmlText":"Is it going to happen?","listText":"Is it going to happen?","text":"Is it going to happen?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043843081","repostId":"1117668692","repostType":4,"repost":{"id":"1117668692","kind":"news","pubTimestamp":1655890303,"share":"https://ttm.financial/m/news/1117668692?lang=&edition=fundamental","pubTime":"2022-06-22 17:31","market":"hk","language":"en","title":"Jack Ma’s Ant to Apply for Key License as Soon as This Month","url":"https://stock-news.laohu8.com/highlight/detail?id=1117668692","media":"Bloomberg","summary":"Central bank plans to accept Ant’s application, begin reviewMoves would clear path to potential revi","content":"<html><head></head><body><ul><li>Central bank plans to accept Ant’s application, begin review</li><li>Moves would clear path to potential revival of Ant’s IPO plan</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6954d9eae1684b8c174f53b669dfa677\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>A barrier tape outside an Ant Group Co. office building in Shanghai, China.Photographer: Qilai Shen/Bloomberg</span></p><p>Jack Ma’s Ant Group Co. is poised to apply for a key financial license as soon as this month, according to people familiar with the matter, a sign that its lengthy overhaul following a squashed 2020 listing is getting closer to satisfying China’s financial regulators.</p><p>The People’s Bank of China intends to accept Ant’s application to become a financial holding company once it’s submitted and will then start a review process, which could take months, said the people, asking not to be identified discussing a private matter. Officials will examine Ant’s capital strength and business plans, as well as the compliance of its shareholders and senior management before a final signoff.</p><p>The moves would mark a crucial development in Ant’s revamp, affirming that the company can maintain its financial operations under the supervision of the central bank. While that clears a path for it to eventually revive a public offering, Ma’s fintech juggernaut will be a much diminished enterprise, with policy makers dramatically curbing its growth in consumer finance and its ability to leverage its ubiquitous payments app.</p><p>Shares of Alibaba Group Holding Ltd., which owns a third of Ant, have swung wildly in recent days as investors try to gauge how close policy makers are to concluding their examination of Ant’s operations. The stock climbed Friday after Reuters reported that Ant’s application for a financial holding company had been accepted, before giving up most of the gains when state-backed media refuted the report, citing people close to the central bank.</p><p>Dialing down scrutiny of Ant would offer powerful evidence that policy makers are following through on pledges to support the industry.</p><p>“Ant has been steadily moving forward with its rectification work according to regulatory requirements, including preparing materials to apply to set up a financial holding company,” a spokesperson for the company said in an emailed response to questions. “We do not have a timetable to submit this application.”</p><p>The PBOC didn’t immediately respond to a request seeking comment.</p><p>Under the official framework laid down last year, Ant needs to fold all its financial units into a holding company and be regulated like a bank with more scrutiny on its shareholder structure and tougher capital requirements. The PBOC has so far accepted five applications for financial holding firms and approved two of them after at least six months of review.</p><p>The crushing of Ant’s $35 billion IPO in November 2020 sent shock waves across the financial world, burning investment firms from Carlyle Group Inc. to Temasek Holdings Pte that had expected a windfall. It also marked the beginning of a broader regulation that ensnared some of China’s fastest-growing companies, erased more than $1 trillion of market value.</p><p>What Bloomberg Intelligence Says:</p><blockquote>“Its growth potential has weakened after regulatory steps including firewalls in Alipay’s ecosystem. Its valuation may have fallen to 20% of its $320 billion target at its last IPO attempt.”</blockquote><blockquote>--Francis Chan, banking &amp; fintech analyst</blockquote><p>While investors are likely to welcome any signs that the tech regulation is easing, a return to the heady days of old appears unlikely. Myriad regulations imposed on Ant over the past two years mean the company is worth a fraction of its former self, according to some early backers. Fidelity Investments, for instance, slashed its valuation estimate for the firm to about $78 billion last June from $235 billion just before the IPO was abruptly suspended.</p><p>Regulators now have routine inspections to examine dealings between Ant and financial institutions, and continue to curb how much they can jointly lend. Before the crackdown, Ant had a thriving business doling out small unsecured loans in partnership with banks via its Huabei and Jiebei brands. Overall, its CreditTech business was its single biggest revenue maker, contributing 39% of the total in the first half of 2020.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jack Ma’s Ant to Apply for Key License as Soon as This Month</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJack Ma’s Ant to Apply for Key License as Soon as This Month\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 17:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-22/jack-ma-s-ant-to-apply-for-key-license-as-soon-as-this-month?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Central bank plans to accept Ant’s application, begin reviewMoves would clear path to potential revival of Ant’s IPO planA barrier tape outside an Ant Group Co. office building in Shanghai, China....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-22/jack-ma-s-ant-to-apply-for-key-license-as-soon-as-this-month?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-22/jack-ma-s-ant-to-apply-for-key-license-as-soon-as-this-month?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117668692","content_text":"Central bank plans to accept Ant’s application, begin reviewMoves would clear path to potential revival of Ant’s IPO planA barrier tape outside an Ant Group Co. office building in Shanghai, China.Photographer: Qilai Shen/BloombergJack Ma’s Ant Group Co. is poised to apply for a key financial license as soon as this month, according to people familiar with the matter, a sign that its lengthy overhaul following a squashed 2020 listing is getting closer to satisfying China’s financial regulators.The People’s Bank of China intends to accept Ant’s application to become a financial holding company once it’s submitted and will then start a review process, which could take months, said the people, asking not to be identified discussing a private matter. Officials will examine Ant’s capital strength and business plans, as well as the compliance of its shareholders and senior management before a final signoff.The moves would mark a crucial development in Ant’s revamp, affirming that the company can maintain its financial operations under the supervision of the central bank. While that clears a path for it to eventually revive a public offering, Ma’s fintech juggernaut will be a much diminished enterprise, with policy makers dramatically curbing its growth in consumer finance and its ability to leverage its ubiquitous payments app.Shares of Alibaba Group Holding Ltd., which owns a third of Ant, have swung wildly in recent days as investors try to gauge how close policy makers are to concluding their examination of Ant’s operations. The stock climbed Friday after Reuters reported that Ant’s application for a financial holding company had been accepted, before giving up most of the gains when state-backed media refuted the report, citing people close to the central bank.Dialing down scrutiny of Ant would offer powerful evidence that policy makers are following through on pledges to support the industry.“Ant has been steadily moving forward with its rectification work according to regulatory requirements, including preparing materials to apply to set up a financial holding company,” a spokesperson for the company said in an emailed response to questions. “We do not have a timetable to submit this application.”The PBOC didn’t immediately respond to a request seeking comment.Under the official framework laid down last year, Ant needs to fold all its financial units into a holding company and be regulated like a bank with more scrutiny on its shareholder structure and tougher capital requirements. The PBOC has so far accepted five applications for financial holding firms and approved two of them after at least six months of review.The crushing of Ant’s $35 billion IPO in November 2020 sent shock waves across the financial world, burning investment firms from Carlyle Group Inc. to Temasek Holdings Pte that had expected a windfall. It also marked the beginning of a broader regulation that ensnared some of China’s fastest-growing companies, erased more than $1 trillion of market value.What Bloomberg Intelligence Says:“Its growth potential has weakened after regulatory steps including firewalls in Alipay’s ecosystem. Its valuation may have fallen to 20% of its $320 billion target at its last IPO attempt.”--Francis Chan, banking & fintech analystWhile investors are likely to welcome any signs that the tech regulation is easing, a return to the heady days of old appears unlikely. Myriad regulations imposed on Ant over the past two years mean the company is worth a fraction of its former self, according to some early backers. Fidelity Investments, for instance, slashed its valuation estimate for the firm to about $78 billion last June from $235 billion just before the IPO was abruptly suspended.Regulators now have routine inspections to examine dealings between Ant and financial institutions, and continue to curb how much they can jointly lend. Before the crackdown, Ant had a thriving business doling out small unsecured loans in partnership with banks via its Huabei and Jiebei brands. Overall, its CreditTech business was its single biggest revenue maker, contributing 39% of the total in the first half of 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9054848726,"gmtCreate":1655374787565,"gmtModify":1676535625325,"author":{"id":"4117066088884392","authorId":"4117066088884392","name":"企鹅大人","avatar":"https://community-static.tradeup.com/news/0f8bee17a42d3836edc848790f66f177","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4117066088884392","authorIdStr":"4117066088884392"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AU8U.SI\">$CapLand China T(AU8U.SI)$</a>have faith","listText":"<a href=\"https://ttm.financial/S/AU8U.SI\">$CapLand China T(AU8U.SI)$</a>have faith","text":"$CapLand China T(AU8U.SI)$have 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