Ant Group’s chairman puts his faith in global expansion and pledges to support SMEs in Singapore speech

Eric Jing Xiandong, chairman and CEO of Ant Group, is doubling down on global expansion of the fintech giant and has reiterated the company’s determination to support small and medium-sized enterprises (SMEs).

Jing told the Singapore Fintech Festival on Thursday that it is time for Ant, an affiliate of Alibaba Group Holding, to seek more growth in overseas markets after it unveiled a four-pronged global expansion strategy on Tuesday to push outwards from its new Singapore office. Alibaba owns the South China Morning Post.