Controversy Surrounds China’s Ant Group Before Its Public Offering

Controversy Surrounds China’s Ant Group Before Its Public Offering
The Ant Group headquarters in Hangzhou, Zhejiang Province, China, on Oct. 13, 2020. STR/AFP via Getty Images
Emel Akan
Updated:

WASHINGTON—Ant Technology Group, the parent company of China’s largest digital payment platform Alipay, is set to go public this year, even as the company’s ties to the Chinese Communist Party (CCP) could pose significant risks to U.S. investors.

Controlled by billionaire Jack Ma, founder of Alibaba, the Chinese financial technology company is preparing for an initial public offering (IPO) in Shanghai and Hong Kong.
Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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