China’s Fintech Giants Scramble to Rethink IPOs, Raise Capital
Fintech adoption rate has risen to a global average of 64 percent this year, with emerging markets like China and India leading the way. (Photographer: Pau Barrena/Bloomberg)

China’s Fintech Giants Scramble to Rethink IPOs, Raise Capital

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(Bloomberg) -- Jack Ma’s vision of the future of finance in China is being upended by regulators, along with the ambitions of conglomerates that followed his lead.
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