Ant mania is getting a reality check from Beijing. Days ahead of the company's record-setting US$34 billion initial public offering (IPO), founder Jack Ma was hauled in by regulators for a chat. Newly unveiled rules also would treat technology middlemen more like banks.
Caption: 
Ant mania is getting a reality check from Beijing. Days ahead of the company's record-setting US$34 billion initial public offering (IPO), founder Jack Ma was hauled in by regulators for a chat. Newly unveiled rules also would treat technology middlemen more like banks.