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Exclusive: China’s Ant explores ways for Jack Ma to exit as Beijing piles pressure – sources – Reuters

Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators…

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HONG KONG (Reuters) – Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signaled to the company that the move could help draw a line under Beijings scrutiny of its business, according to a source familiar with regulators thinking and two people with close ties to the company.
Reuters is for the first time reporting details of the latest round of meetings and the discussions about the future…

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