Cinda drops out of US$930 million plan to raise stake in Chongqing Ant, adding a surprise in the restructuring of world’s largest fintech group

January 13, 2022

Cinda Asset Management has unexpectedly withdrawn from the recapitalisation of Chongqing Ant Consumer Finance barely three weeks after announcing it, adding a surprising twist to the restructuring of China’s largest fintech company.…

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