Illustration: SCMP
Illustration: SCMP
Ant Group

China’s fintech giants led by Ant Group retool and innovate, as they roll with the punches in new regulatory landscape

  • Lufax, 360 Digitech, LexinFintech, FinVolution lower interest rates at buy-now, pay-later units; Ant Group says will comply with rules without revealing details
  • China’s economic recovery from pandemic, consolidation and superior technology will bolster fintechs’ 2021 profits against harsh new rules, say analysts

Topic |   Ant Group
Illustration: SCMP
Illustration: SCMP
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