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The Chinese language authorities is planning to interrupt up Ant Group’s Alipay and create a separate app for the fintech big’s loans enterprise, in line with media stories.
Regulators beforehand ordered Ant Group to separate the enterprise of AliPay from lending companies Huabei and Jiebei. Growth Bust’s Christy Ai and Ben Swann weigh in on the most recent measures from the world’s second-largest financial system.
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