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Jack Ma-Backed Ant Weighs Exiting Personal Credit Firm Baihang

By Yahoo! Finance   |   Jun 21, 2024 at 06:26 AM EST
Jack Ma-Backed Ant Weighs Exiting Personal Credit Firm Baihang

Ant Group is considering selling its stake in Baihang Credit Co. as it awaits approval for a similar license. The company must divest its 8% holding due to regulations limiting entities to one license per category.

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