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Exclusive-Chinese state firms to take big stake in Ant's credit-scoring JV -sources
Aggregated Source: ChinaLegalBlog.com

By Julie Zhu

Reuters HONG KONG (Reuters) – State-backed firms are set to take a sizeable stake in a key Ant Group asset for the first time, three people told Reuters, in a move that will loosen the Chinese fintech giant’s grip on a data treasure trove of over 1 billion users but help revive its IPO.…

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