Ant IPO talk begs regulatory question

Chinese regulators have been hands-off regarding internet finance platforms, but Ant Financial’s expected IPO could change that.

Fintech internet-based financial technology is an incipient industry and, as such, comes with a number of risks. There is virtually no regulation, and it’s not clear what types of rules the government will put in place once it does take off.

That gap, and the uncertainty around it, is coming into focus now that ecommerce behemoth Alibaba is considering listing its young affiliate, Ant Financial Services Group. The prospect of an IPO is already sending tremors through the banking world in China. Some analysts value Ant Financial $25 billion.

But lawyers and regulators are also feeling the ground shift beneath their feet given its size...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222