
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...