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Ant weighs holding company for financial businesses to placate regulators, sources say

Updated : December 29, 2020 04:51 PM IST

The proposed changes to the Chinese fintech giant's businesses are yet not final and subject to revision.
Chinese regulators abruptly halted Ant's $37 billion initial public offerings in Shanghai and Hong Kong, which was set to be the world's largest, last month.
Ant weighs holding company for financial businesses to placate regulators, sources say

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