This article only represents the author's own views.
Two years ago, Ant Group was set for a $300 billion IPO, before owner Jack Ma delivered a blistering speech about China’s financial system. In the ensuing storm, the listing was pulled and a sweeping regulatory crackdown targeted parent company Alibaba Group Holding Ltd. (BABA.US; 9988.HK) and fellow stars of the digital economy.
Among those told to overhaul their business practices were JD Technology, the fintech arm of JD.com (JD.US; 9618.HK), and WeChat Pay, owned by Tencent Holdings (0700.HK).
您已阅读8%（553字），剩余92%（6235字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。