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Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Richard Nesbitt is an adjunct professor of finance at the University of Toronto’s Rotman School of Management. Michael King is an associate professor of finance and the Lansdowne Chair in Finance at the University of Victoria’s Gustavson School of Business. They are the authors of a new book, , from Rotman-UTP Publishing. On the weekend, news broke that Chinese regulators have ordered Ant Group, the world’s largest fintech company, to reorganize its business to comply with regulatory requirements faced by traditional financial intermediaries. This news follows the cancellation on Nov. 3 of Ant Group’s planned US$34.5-billion initial public offering in Shanghai and Hong Kong. Only two months ago,

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