Ant Group CEO Simon Hu Said to Resign, Jing to Take Position

78
2
Favorite

Ant Group CEO Simon Hu Said to Resign, Jing to Take Position

Bloomberg2021-03-12

Ant Chairman Jing will take over as CEO with immediate effect Hu took over as CEO in 2019 and resigned for personal reasons Ant Group Co. Chief Executive Officer Simon Hu resigned from the company, ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

Wzhang
·2021-03-15
Comment
Reply
1
Report
逢場作戲又一日
·2021-03-14
Ant ant
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2118968478?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-12 21:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2118968478","market":"us","top_or_hot":-1,"title":"Ant Group CEO Simon Hu Said to Resign, Jing to Take Position","media":"Bloomberg","content":"<div>\n<p>Ant Chairman Jing will take over as CEO with immediate effect\nHu took over as CEO in 2019 and resigned for personal reasons\n\nAnt Group Co. Chief Executive Officer Simon Hu resigned from the company, ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-03-12/ant-group-ceo-simon-hu-said-to-resign-jing-to-take-position\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","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>Ant Group CEO Simon Hu Said to Resign, Jing to Take Position</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\">\nAnt Group CEO Simon Hu Said to Resign, Jing to Take Position\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 21:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-03-12/ant-group-ceo-simon-hu-said-to-resign-jing-to-take-position><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ant Chairman Jing will take over as CEO with immediate effect\nHu took over as CEO in 2019 and resigned for personal reasons\n\nAnt Group Co. Chief Executive Officer Simon Hu resigned from the company, ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-03-12/ant-group-ceo-simon-hu-said-to-resign-jing-to-take-position\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09988","symbol_name":"阿里巴巴-W","start_time":0,"source_url":"http://bloomberg.com/news/articles/2021-03-12/ant-group-ceo-simon-hu-said-to-resign-jing-to-take-position","article_id":"2118968478","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2118968478","pubTimestamp":1615555578,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Ant Chairman Jing will take over as CEO with immediate effect\nHu took over as CEO in 2019 and resign","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴","06688":"蚂蚁集团"},"translate_title":"蚂蚁集团CEO胡士泰辞职-彭博新闻社","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"688688":0.9,"06688":0.9,"09988":0.9,"BABA":0.9},"content_text":"Ant Chairman Jing will take over as CEO with immediate effect\nHu took over as CEO in 2019 and resigned for personal reasons\n\nAnt Group Co. Chief Executive Officer Simon Hu resigned from the company, according to a person with knowledge of the matter, as the company overhauls its business.\nHu resigned for personal reasons, said the person, who asked not to be identified because the information isn’t public. Eric Jing, already Ant’s chairman, will become CEO as well effective immediately, the person said. An Ant spokesperson confirmed Hu’s resignation.\nHu, who joined Alibaba Group Holding Ltd. in 2005 after working at China’s second-largest lender China Construction Bank, had built a reputation for rolling out innovations such as using data analytics to offer collateral-free financing services to small businesses and helping Alibaba beat Amazon.com Inc. to build Asia’s largest cloud business.\nHe moved from Alibaba to Ant in November 2018 as president, and took over as CEO in December 2019.\nAnt has been at the center of a regulatory crackdown as China takes aim at the push of technology firms into finance. Its $35 billion initial public offering was abruptly suspended in November. China’s central bank subsequently directed the Hangzhou-based firm to turn itself into a financial holding company, a move that would subject it to capital restrictions, the need for fresh licenses and ownership scrutiny. The overhaul could slash the financial juggernaut’s valuation by about 60% from the $280 billion it was pegged at last year, Bloomberg Intelligence analyst Francis Chan has estimated.\nThe resignation comes days after Chinese Premier Li Keqiang pledged at the National People’s Congress to expand oversight of financial technology, stamp out monopolies, and prevent the “unregulated” expansion of capital. All three of the nation’s financial watchdogs have made it their primary goal this year to curb the “reckless” push of technology firms into finance.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":322909736,"gmtCreate":1615763209625,"gmtModify":1704786103402,"author":{"id":"3573118614972907","authorId":"3573118614972907","name":"Wzhang","avatar":"https://static.tigerbbs.com/641d9dec02f453f574618c3840dcf73b","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3573118614972907","authorIdStr":"3573118614972907"},"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322909736","repostId":2118968478,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":322031532,"gmtCreate":1615731030226,"gmtModify":1704786003775,"author":{"id":"3555043402922696","authorId":"3555043402922696","name":"逢場作戲又一日","avatar":"https://community-static.tradeup.com/news/6a5fbf2ceb7c7ee0399d41e6348dadf7","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":1,"idStr":"3555043402922696","authorIdStr":"3555043402922696"},"htmlText":"Ant ant&nbsp;","listText":"Ant ant&nbsp;","text":"Ant ant","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322031532","repostId":2118968478,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":78,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}