Re:Shanghai stock exchange suspends Ant Group's A-share IPO
by franklampard on Tuesday November 03, 2020 @12:20PM
(#24981654)
Low deposit rate makes it a very risky lending business, not necessarily a pyramid scheme
> Ant is definitely not a pyramid scheme, if you've ever been to China you'd know.
> frankly the regulators were right. Ant essentially needs no deposit to lend