Search
  • Ernie Diaz

Ants & Uncles

Uncle Wang has declared Ant financial rehabilitated, a rogue fintech no more, but rather a well-regulated holding company. Call the institution "Chongqing Ant", if you please, as their consumer finance biz will be run by two microlending units registered and regulated in Chongqing. The two units, Huabei and Jiebei, will soon exit, leaving Chongqing Ant king of its farm.

How many crumbs from China's booming online finance picnic can the reformed Ant bring back to that farm? It can lend to individuals, issue bonds, sell insurance, invest in fixed income, and even provide consumer finance consulting. A robust range of opportunity. But will it be enough to reignite the China fintech investment furnaces?

"I believe this is a watershed moment for the return of China fintech as a hot prospect," says Edward Lehman. "Of course, the transition has not yet taken place, so reaction is guarded. But I believe when the first consolidated financial reports are out, you'll see a significant uptick in interest in China's fintech scene, with boosted pre and post IPO investment to follow."

7 views0 comments

Recent Posts

See All

Let's tick off all China's bad news, before getting to the good news. Good news, that is, for investors looking to diversify their global portfolios. Not so good for Gordon Chang and other patient app

Like Hollywood, the western press is invested in narratives and emotional manipulation. Unlike Hollywood, that press has no compunction about skipping the third act of a story, if it doesn't fit that

Politics makes shortchanged bedfellows. As we've written before and will no doubt write again, the paradigm that China stocks = the VIEs of giant tech companies that make it to New York is keeping ave