China Definitively Reins In Jack Ma's Ant Fintech Empire Agreement Reached On “Restructuring”


Source: zerohedge.com zerohedge.com

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China Definitively Reins In Jack Ma's Ant Fintech Empire - Agreement Reached On "Restructuring" by Tyler Durden Wednesday, Feb 03, 2021 - 17:20 It appears Chinese authorities have finally induced Jack Ma to cave. After the co-founder of Alibaba and Ant was feared possibly missing as he disappeared from public few during the final months of last year which coincided with increased government scrutiny on his hugely successful and rapidly expanding Ant Financial fintech - since subject of an antitrust investigation initiated in December - only to briefly re-emerge for a live-streamed conference in January, China has apparently made it...