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Tuesday, December 29, 2020

Ant Group Weighs Forming Holding Company, Regulated More Like a Bank

Jack Ma’s besieged Ant Group Co. is planning to fold its financial operations into a holding company that could be regulated more like a bank, according to people familiar with the situation, potentially crippling the growth of its most-profitable units. …

from News – Insurance Journal https://ift.tt/3pt5GCT
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