Yunfeng Financial (HKG:0376) hired former Ant Group executive Geoff Jiang Guofei to become chairman of the Web3 Development Committee of the Hong Kong-listed financial technology company, the South China Morning Post reported Thursday, citing a fact sheet.
Jiang is a former president at Ant Digital Technology Business Group and led Ant's blockchain project, the SCMP said.
Ant is an affiliate of Alibaba (HKG:9988), the owner of the SCMP.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)