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Search for: Money › Finance What You Need to Know About Ant Group’s Suspended IPO and the Future of Chinese Fintech Caixin Global | Jan 15, 2021 at 9:43 PM Ant Group Co. Ltd. has dominated China’s financial headlines over the past few months, first for its potentially record-breaking IPO — and then for the listing’s shock suspension in the wake of tightened fintech regulation. In a move to contain such a risk, the draft online lending rules require microlenders, including those owned by Ant Group, to fund at least 30% of any joint loan with other institutions. It’s widely...
