Markets

Market Chatter: Ant Group Said to Yield to Chinese Pressure to Become Financial Holding Company

09:51 AM EST, 01/27/2021 (MT Newswires) -- Ant Group has reportedly decided to yield to Chinese government pressure to turn itself into a financial holding company overseen by China's central bank,...

Chinese Regulators Have Told Ant They Want Entire Group To Be A Financial Holding Company; Ant Has Submitted Restructuring Plan Outline To Regulators, Plan Could Be Finalized Before Mid-February

-Dow Jones

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