Alipay

Regulators clamp down on ‘Alibaba’ Jack Ma’s Ant Group

This is part of Beijing’s crackdown on what it believes is Ant’s unfair advantage over other lenders China’s regulators are trying to get Jack Ma to do something the beleaguered billionaire has long resisted: share the troves of consumer-credit data collected by his financial-technology behemoth. Mr. Ma is in...