China Clamps Down on Finance Arms of Ant, Other Giants
The Chinese flag flies outside the Liaison Office of the Central People's Government in the Sai Ying Pun district of Hong Kong, China. (Photographer: Paul Yeung/Bloomberg)

China Clamps Down on Finance Arms of Ant, Other Giants

(Bloomberg) -- China is tightening rules and imposing capital demands on sprawling empires such as Ant Group and China Evergrande Group in its latest attempt to curb risks in the nation’s $49 trill...
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