Tuesday, December 28, 2021

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



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Tens of millions of South Korean retail investors, the market's biggest buyers in 2026, were caught in this week's selloff, as Samsung and SK Hynix tumble (Song Jung-a/Financial Times)

Song Jung-a / Financial Times : Tens of millions of South Korean retail investors, the market's biggest buyers in 2026, were caught i...