Is the Chinese government trying to impact Alipay’s IPO? Is there a digital yuan angle? – Ledger Insights – enterprise blockchain
Two weeks, Ant Group, the parent of the hugely successful Alipay wallet, announced plans for an IPO expected to be around $200 billion. This week, the Chinese press reported unconfirmed news that the Chinese central bank was investigating delinquency rates for loans made by Chinese banks jointly with others, particularly with Ant Borrowing and Ant Huabei.