China pushes Ant Group overhaul in latest crackdown on Ma

China pushes Ant Group overhaul in latest crackdown on Ma

3 years ago
Anonymous $y15ULlV7sG

https://www.reuters.com/article/us-china-ant-group-pboc/china-pushes-ant-group-overhaul-in-latest-crackdown-on-ma-idUSKBN29105U

China's central bank disclosed on Sunday it had asked the country's payments giant Ant Group Co Ltd to shake up its lending and other consumer finance operations, the latest blow to its billionaire founder and controlling shareholder Jack Ma.