BEIJING—China’s Ant Group has raised its registered capital to $5.44 billion from $3.69 billion, public business registration records showed, as the fintech giant continues its government-mandated restructuring. Ant, an affiliate of e-commerce leader Alibaba Group Holding Ltd., in a Monday statement said the increase was to support growth and was “according to relevant regulations and…
China’s Ant Group Increases Registered Capital by 47 percent to $5.4 Billion
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