China Cinda Asset Management said on Thursday it plans to scrap an agreement to buy a 20% stake in the consumer finance arm of Ant Group, worth 6 billion yuan ($943.83 million).
The investment would have increased Cinda's interest in Chongqing Ant Consumer Finance Co Ltd to 24%, making the asset manager its second-biggest investor. Cinda already owns a 4% stake in the Ant unit through a subsidiary.-Reuters
中国四大资产管理公司之一的中国信达上月公布拟斥资60亿元人民币入股蚂蚁消费金融并成为第二大股东,但公司表示,经进一步商业上审慎考虑,拟...