Lecture 1 Case 1: Ant Group

and Robinhood
Grp1 to 5: Ant Group
Grp 6-10: Robinhood
Submit a PowerPoint online with 3 Slides for the case covered by your
group.
 Ant Group

Grp1-5: 40 mins to read and discuss in

Individual Group
1. List Five Most Important for
•1. Read
Mass Adoption for the Group https://www.researchgate.net/publ
ication/323877493_How_a_Little_
Ant_Challenges_Giant_Banks_The_
Rise_of_Ant_Financial_Alipay%27s
_Fintech_Empire_and_Relevant_Re
gulatory_Concerns
Most Important Innovation Date/Why List Five Most Important for Mass
Adoption for the Group
•2. What is the main ethical reason
that Ant’s IPO is halted and Ant was
1 fined?
•https://www.forbes.com/sites/geo
2 rgecalhoun/2020/11/08/why-chin
a-stepped-on-the-ant-group-part-1
3 -a-bubble-looming/?sh=3a3457f2
2054
•https://www.forbes.com/sites/
4 georgecalhoun/2020/11/16/why-
china-stopped-the-ant-groups-
5 ipopart-2-ants-dangerous-business-
model/?sh=748bce6158bf
•3. What have this got to do with
Robinhood and GameStop

Grp 6-10: 40 minutes to read the Links in

the next slide and discuss as a group
 • What is the main ethical reason that Robinhood was fined
What Are the by SEC?
Lessons for • https://www.sec.gov/news/press-release/2020-321

Investors? • What role did Robinhood play in the Gamestop episode?

• https://edition.cnn.com/2021/01/28/investing/lawsui
t-robinhood-gamestop-wallstreetbets/index.html

• https://www.linkedin.com/pulse/how-internetredditg
amespot-broke-our-financial-market-lex-sokolin/?trac
kingId=rwKXSIGx%2BlfRBvZz%2Fp%2BwEA%3D%3D

• 3. What have this got to do with investment returns for

Investors, especially in terms of compliance costs, fines,
and social objectives?