Ant Group will close Xianghubao, a crowdfunding service for medical bills, on January 28, as China cracks down on fintech businesses (Bloomberg)

Bloomberg:
Ant Group will close Xianghubao, a crowdfunding service for medical bills, on January 28, as China cracks down on fintech businesses  —  - Program to be shuttered Jan. 28 and cost sharing has stopped  — Move follows similar closures by peers earlier in the year