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Chinese authorities told the nation's biggest state-owned firms and banks to start a fresh round of checks on their financial exposure and other links to
It is unclear what has triggered the new scrutiny or whether it will lead to any actions or conclusions by regulators.
CHINESE authorities told the nation’s biggest state-owned firms and banks to start a fresh round of checks on their financial exposure and other links to Ant Group Co., renewing scrutiny of billionaire Jack Ma’s financial empire, according to people familiar with the matter. Multiple regulators, including the banking watchdog, recently…