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Alibaba Group Co-Founder's Ant Group Expected To See Slower Growth

Beijing is forcing Jack Ma's financial-technology giant, Ant Group, to scale back its activities and dismantle the company that have given it a big advantage over rivals and China's banks and traditional financial institutions. Ant, an affiliate of Alibaba Group Holding, will be subject to regulations similar to those governing banks. The WSJ expects the changes to "curtail" some growth potential. 

Read the whole story at Wall Street Journal »

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