https://www.reuters.com/article/us-china-ant-group-restructuring/explainer-whats-next-for-jack-mas-ant-group-after-china-orders-revamp-idUSKBN2C60IS

China has imposed a sweeping restructuring plan on Jack Ma's Ant Group, the fintech conglomerate whose record $37 billion IPO was derailed by regulators in November, that will see the group become a financial holdings company among other things.