Ant Group Co would be turned into a financial holding company based on a restructuring plan imposed by a Chinese regulator.
The agreement calls for putting all of Ant’s businesses into the holding company, including its technology offerings in areas like blockchain and food-delivery.
An official announcement is set before the start of China’s Lunar New Year holiday which begins on Feb. 11.
Ant Group Co, an affiliate of e-commerce giant Alibaba Group, was set to make its market debut in November.
But a speech by its Ant Group founder Jack Ma criticizing China’s regulatory system led to the suspension of Ant’s $37 billion IPO set for November.
Chinese regulators since warned Ant that they intended to impose tighter regulations on the company.


AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Thailand Inflation Remains Negative for 10th Straight Month in January
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 



