Ant Group won’t be squashed after all

wsj

3 min read . Updated: 10 Jan 2023, 06:26 PM IST JACKY WONG, The Wall Street Journal

Reuters

Ant may never claw its way back to the lofty valuation it commanded in late 2020—but that doesn’t mean it, and its sibling Alibaba, can’t start growing again

China’s fintech giant Ant Group seems to be finally crawling out of Beijing’s regulatory purgatory. That will lift sentiment on the Chinese tech sector—though investors still need to grapple with the industry’s changed landscape.