Ant Group Considers Holding Company to Ease Pressure from China
Ant Group Considers Holding Company to Ease Pressure from China
December 29, 2020 | by Samuel Nwite |
In a bid to ease investors’ concern emanating from the recent antitrust probe on Alibaba and Ants Group by the Chinese government, the company is considering a holding company with regulations similar to banks. Bloomberg made the report citing sources.
Alibaba and Ant have been at the center of antimonopoly investigations by the Chinese regulators, which has impacted their stock negatively over the past weeks.
Now Ant is planning to fold its financial operations into a holding company that could be regulated more like a bank, according to people with the knowledge of the plan.
i think you have to have someone reflective of the president. he served with us in the house and a lot of people on capitol hill believe him and trust him. i think it will be great. the straight pants group at the state department may not like what pompeo say about iran. hill be reflective of the president. it s clear that president trump is surrounding himself that he s more ideologically aligned with. isn t that what they re do? if he gets rid of hr mcmaster is a mainstream and replaces him with a little more hawkish, it will show the policy may be changing the next year .
he served with us in the house. a lot of people on capitol hill believe him, trust him. he s done great things on the cia. i think he will be a great secretary of state. chris: the striped pants group at the state department may not like what pompeo says about iran but what essaying about iran is what the president s saying about iran, right? >?he he will be reflective ofe president. it s clear that president trump is surrounding himself with people he s aligned with, especially on foreign policy. that will be true chris: isn t that what presidents do? if he gets rid of h.r. mcmaster who is a main stream thinker and replaces him with someone that is more hawkish, it will show the policy may be changing in the next year of the administration. chris: speculation was rampant about major turnover, there was talk about the chief of staff, the national security advisor, three or four cabinet members that sarah huckabee sanders had to put out this