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ant financial

  • News

    Beijing Takes Another Swipe At Ant Financial

    Adina-Laura Achim  |   Share
    Chinese regulators hit Alibaba with a record $2.8 billion antitrust fine, and now, are calling for a major overhaul at Ant Financial. Read More
  • Alibaba Group’s Sophisticated Game of Monopoly

    Gemma A. Williams  |   Share
    44 percent of global sales come through a number of Chinese-owned companies, which in order of ranking include Taobao, Tmall, Jd.com and Pinduoduo. Read More
  • Are Luxury Brands Losing The Battle Against Alibaba’s Counterfeiters?

    Yaling Jiang  |   Share
    Jing Daily recently discovered that Taobao’s algorithm goes as far as promoting counterfeit goods through mobile payment app Alipay. Read More
  • Joanie Xie Connects US Companies To 900 Million Consumers In China

    Gemma A. Williams  |   Share
    Joanie Xie, head of the US office at the fintech company, Ant Financial, spoke with Jing Daily about new challenges in a post-pandemic world. Read More
  • Alipay Transactions Soar 5-Fold On May Holiday Weekend, Show Global Growth

    Jing Travel  |   Share
    East Asia remains by far the payment app's strongest region by transaction volumes. Read More
  • The Risk of Renting Luxury Fashions to Chinese Millennials

    Ruonan Zheng  |   Share
    Jack Ma has made sizable investments in the emerging luxury sharing economy. But are young Chinese who've never owned a credit card worth the risk? Read More
  • The Chinese Tourist Was Front and Center for Alipay and WeChat Pay in 2017

    Mason Hinsdale  |   Share
    It’s hard to understate how ubiquitous mobile payments have become in China. Everything can be purchased through Alipay and WeChat by scanning a QR code. Read More
  • Alipay Targets Japan for ‘Export’ of Chinese Mobile Payments

    Mason Hinsdale  |   Share
    Alipay plans to release a mobile payments platform, newly branded and catered to Japanese consumers by next spring, a first for the company. Read More
  • Alibaba Consolidates Position in Travel Market with Marriot Partnership

    Mason Hinsdale  |   Share
    Alibaba and Marriot are launching a joint venture to boost their positions in both the outbound and domestic Chinese travel market. Read More
  • Apple Makes Push in China with Big Discounts for Apple Pay Users

    Mason Hinsdale  |   Share
    Apple Pay is attempting to expand its share of the Chinese mobile payments market through big discounts at online and brick and mortar retailers. But can it compete with WeChat… Read More
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Jing Daily China Global Luxury Index

Track the global market performance of the luxury sector in China. With current news updates, share prices, and stock market data based on Chinese consumer interest, this index monitors the overall health within the market.

Daily Returns: 12/05/2023

Index LevelDaily Change% Change
260.05-$1.02-0.39%
LVMHKeringRichemont
+$1.1+$0.55+$0.23
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