Did Jack Ma forced by chinese government to give up on Ant Group?, The truth is here..

Описание: In a statement posted saturday of 7th Jan this year,, Ant Group said that after an ownership restructuring, "no shareholder, alone or with other parties" will have "control over Ant Group." The company is an affiliate of e-commerce giant Alibaba, which Ma also founded. So this means that Ma gave up his voting rights in the company.
Previously Ma owned more than 50% of voting rights at Ant but the changes mean that his shareholding has fallen to 6.2%, as per a Reuters report.
The trouble started in late October after Ma criticized China's regulators at a conference in Shanghai. As Ma's financial tech firm Ant Group was preparing for the world's largest initial public offering, he accused authorities of stifling innovation and blasted the country's banks for having a "pawn shop" mentality.
Beijing's retaliation was swift. Within days, regulators called off the IPO, but not before summoning Ma and Ant executives to a meeting. In the weeks since then, regulators have ordered Ant to restructure large swaths of the company. They even extended their scrutiny to Alibaba, which is then subjected of an antitrust investigation. So do you think Beijing government led Ma to give up on Ant?
Welcome to our video to explore more about this matter..

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