Ant Group's big boss Bian Zhuoqun recently mentioned that they have turned down quite a few seemingly profitable projects this year, such as agricultural products, red wine, and those extremely expensive famous paintings. Why not make money? They said, "We firmly avoid what shouldn't be touched," so it looks like they are quite principled.
They are currently busy working on a blockchain project called Jovay, claiming that they will complete the actual fund flow testing by the end of September. This sounds quite impressive, but it's really just about checking whether money can be reliably transferred online.
Speaking of Hong Kong, they have set up an RWA registration platform, aiming to complete the registration of over 10 billion in assets this year. 10 billion! That's no small amount. Moreover, they have a long-term vision, planning to expand their business into larger markets like real estate and carbon credits by 2026, which is a trade worth trillions!
In short, Ant Group is currently being quite cautious in their operations, not just making money from everything. But they are also actively laying out plans for the future, especially in new areas like blockchain and digital assets. The moves in Hong Kong are quite significant, indicating they want to make some big waves in financial technology.
They are currently busy working on a blockchain project called Jovay, claiming that they will complete the actual fund flow testing by the end of September. This sounds quite impressive, but it's really just about checking whether money can be reliably transferred online.
Speaking of Hong Kong, they have set up an RWA registration platform, aiming to complete the registration of over 10 billion in assets this year. 10 billion! That's no small amount. Moreover, they have a long-term vision, planning to expand their business into larger markets like real estate and carbon credits by 2026, which is a trade worth trillions!
In short, Ant Group is currently being quite cautious in their operations, not just making money from everything. But they are also actively laying out plans for the future, especially in new areas like blockchain and digital assets. The moves in Hong Kong are quite significant, indicating they want to make some big waves in financial technology.