China’s regulators put up a fence around risks as technology’s surging influence threatens to overshadow finance in fintech

//China’s regulators put up a fence around risks as technology’s surging influence threatens to overshadow finance in fintech

China’s regulators put up a fence around risks as technology’s surging influence threatens to overshadow finance in fintech

This is the first of a five-part series looking at China’s fintech industry in the wake of regulators’ decision to suspend the initial public offering of Ant Group, which was widely expected to be the world’s biggest capital raising.Late at night on Monday November 2, a blog appeared in the official Sina.com account of the Chinese government’s mouthpiece news agency Xinhua, hours after regulators summoned executives of the world’s largest fintech company to tell them that the rules governing…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-11-19T23:00:24+00:00 November 19th, 2020|Technology|Comments Off on China’s regulators put up a fence around risks as technology’s surging influence threatens to overshadow finance in fintech