Thursday’s approval is a major step for Ant Group, whose IPO was put on ice in November at the last moment. Photo: Bloomberg Thursday’s approval is a major step for Ant Group, whose IPO was put on ice in November at the last moment. Photo: Bloomberg
Thursday’s approval is a major step for Ant Group, whose IPO was put on ice in November at the last moment. Photo: Bloomberg
Fintech

Does Ant Group’s new licence for consumer finance business indicate regulator is on board with restructuring?

  • Ant gets go-ahead to operate Chongqing Ant Consumer Finance, in which it has a 50 per cent stake
  • New licence indicates restructuring process has gained the support of the CBIRC, analyst says

Topic |   Fintech
Thursday’s approval is a major step for Ant Group, whose IPO was put on ice in November at the last moment. Photo: Bloomberg Thursday’s approval is a major step for Ant Group, whose IPO was put on ice in November at the last moment. Photo: Bloomberg
Thursday’s approval is a major step for Ant Group, whose IPO was put on ice in November at the last moment. Photo: Bloomberg
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