Ant’s consumer finance unit to boost its capital to $2.62 billion By Reuters


© Reuters. FILE PHOTO: A man walks past an Ant Group logo at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 8, 2021. REUTERS/Yilei Sun/File Photo

HONG KONG (Reuters) – The consumer finance unit of China’s Ant Group will boost the company’s registered capital to 18.5 billion yuan ($2.62 billion) from 8 billion yuan previously, an exchange filing released on Monday said.

($1 = 7.0662 renminbi)

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