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China asks banks, firms to report exposure to Jack Ma’s Ant Group -Bloomberg News

by AIP Online Bureau | Feb 22, 2022 | International News, Regulation, Risk Management

Ant has been subjected to a sweeping restructuring by China, whose initial public offering of $37 billion was derailed by regulators in late 2020. Chinese authorities have told state-owned firms and banks to start a fresh round of checks on their financial exposure...
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