Chinese Fintechs Must Realize that their Products can Subject Consumers to Financial Risk, Analyst Says following Sector-Wide Crackdown


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About Us Search Chinese Fintechs Must Realize that their Products can Subject Consumers to Financial Risk, Analyst Says following Sector-Wide Crackdown By Omar Faridi Alibaba founder Jack Ma’s plans to establish Fintech companies like Ant Group and launch IPOs in China were recently put on hold when the country’s regulators decided to make updates to regulatory requirements. As reported recently, Daniel Zhang , Chairman of Alibaba Group Holding ( NYSE:BABA ), noted during a recent forum in China’s Zhejiang province that the company would focus on effectively responding to the updated national rules and policies in order to offer a...