Ant Group Co Ltd is considering selling its stake in its virtual banking unit in Hong Kong, Bloomberg News reported on Friday, citing people familiar with the matter.
A logo of Ant Group is pictured at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Songis considering selling its stake in its virtual banking unit in Hong Kong, Bloomberg News reported on Friday, citing people familiar with the matter.
Ant Bank Ltd is in talks with potential investors to bolster operations and the plan is preliminary in its preliminary stages, according to the
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