Fintech firms must behave like banks, China regulator says as it ring-fences runaway industry to rein in potential risks

, , Comments Off on Fintech firms must behave like banks, China regulator says as it ring-fences runaway industry to rein in potential risks

Liang’s comments are the clearest enunciation of the Chinese regulator’s risk appetite in the world’s largest fintech market, after they foiled Ant Group’s US$39.67 billion stock sale in Shanghai and …
( read original story …)