Daily Tech Roundup: Ant Group Outbids Citadel for Credit Suisse China JV

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Visitors check out Li Auto’s booth on Oct. 2 at an auto show in Shenyang, Northeast China’s Liaoning province. Photo: VCG

Welcome to the Daily Tech Roundup — a briefing of the top technology news making headlines in China and the rest of Asia.

Ant outbids Citadel Securities for Credit Suisse China JV

Chinese fintech giant Ant Group Co. Ltd. has outbid Citadel Securities LLC for Credit Suisse’s investment bank venture in China, in a surprise move that could add regulatory uncertainty to the deal.

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