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More Than Ant - Four Chinese Fintech Companies To Watch

By Hannah Zhang / Sep 03, 2020 04:50 PM / Economy

Photo: VCG

Photo: VCG

After the boom and bust of an earlier generation of financial technology startups, many centered on peer-to-peer (P2P) lending, a new generation of better regulated fintechs is taking their place.

Many of those could be coming to market this year, led by what’s expected to become a world record-setting IPO by Ant Group Co. Ltd.

Buzz coming from the company’s blockbuster dual listing in Hong Kong and on the Chinese mainland, which could raise up to $30 billion, could encourage some smaller fintech peers to expedite their public debuts as well.

But they are likely to face regulatory headwinds amid signs of tightening oversight of China’s top tech companies, especially Alibaba and Tencent, which wield immense clout in the world’s largest internet market.

So which new fintech companies should investors have their eyes on? Read the full story on Caixin Global to find out.

Contact editor Flynn Murphy (flynnmurphy@caixin.com)

Read full story: In Depth: New Breed of Fintechs Line Up to Follow Ant Group’s IPO


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