Jack Ma’s Ant Group Gets Regulatory Nod For $1.5 Billion Capital Increase Plan
Chinese billionaire Jack Ma’s Ant Group won regulatory approval to boost the registered capital of its consumer finance unit by 10.5 billion yuan, a move suggesting progress in the fintech giant’s efforts to restructure its operations to satisfy...
AmazingPeopleMagazine
Jan 9, 2023 06:14
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Chinese billionaire Jack Ma’s Ant Group won regulatory approval to boost the registered capital of its consumer finance unit by 10.5 billion yuan, a move suggesting progress in the fintech giant’s efforts to restructure its operations to satisfy authorities’ demands.
