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Wednesday, November 22, 2017

China financial regulations are hurting Alibaba's businesses.

https://finance.yahoo.com/news/china-suspends-approval-internet-micro-loan-firms-sources-150618137--sector.html

Alibaba's ANT Financial and Qudian took a hit after China clamped down on micro-loan market.

As we can see, Alipay and ANT Financial are impacted by China regulations.

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