Ant Is Hit by China’s Curbs on Micro-Lender Funding Leverage
A Quick Response (QR) code for digital payment service Alipay by Ant Group, an affiliate of Alibaba Group Holding Ltd. (Photographer: Chan Long Hei/Bloomberg)

Ant Is Hit by China’s Curbs on Micro-Lender Funding Leverage

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(Bloomberg) -- Ant Group was dealt another blow as Chinese regulators issued new regulations to contain risks in the country’s burgeoning online lending industry while Jack Ma’s financial technolog...