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Aggregated China Business Blogs
China Post Capital To Become Second Largest Strategic Shareholder In Ant Financial
Aggregated Source: China Money Network
Ant Financial Services Group, the financial services arm of Chinese e-commerce giant Alibaba Group Holdings, has agreed to receive an undisclosed investment from China Post Capital, the investment unit of state-owned postal service China Post Group Corp., via a private placement deal, according to media reports. Representatives at Alibaba did not immediately respond to inquires […]

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