Beijing Tightens Grip on Ant Group, Ma’s Empire

Jack Ma, CEO of Chinese e-commerce giant Alibaba, speaks during his visit at the Vivatech startups and innovation fair in Paris on May 16, 2019. Philippe Lopez/AFP via Getty Images

Commentary

The future of Ant Group, the Chinese fintech giant affiliated with Jack Ma and partially owned by e-commerce giant Alibaba, grows cloudier by the month.