China Firms to Take Big Stake in Ant Group Asset

Colin Fredericson
By Colin Fredericson
September 2, 2021NTD Business
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It seems like the Chinese regime wants more influence over Alibaba parent company Ant Group. For the first time, state-backed Chinese firms are set to take a sizable stake in a key Ant Group asset. It seems the idea is to establish a personal credit-scoring company.

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