Chinese Fintech Under Pressure

Bloomberg Markets and Finance published this video item, entitled “Chinese Fintech Under Pressure” – below is their description.

Jun.24 — It’s been 8 months since Jack Ma openly pushed back against Beijing. Chinese authorities promptly pushed back on their own, quashing Ant Group’s plans for a blockbuster IPO. By conservative estimates, Ant has lost some $70 billion since then and now his fintech rivals may be next to come under pressure. Bloomberg’s Lulu Chen reports on “Bloomberg Daybreak: Asia.”

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