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Ant Group and Grab's venture win Singapore digital banking licences

no_faith

Alfrescian (Inf)
Asset
I thought prc party has brought down ANT?
Then ANT got the license? Can get their unknown asset out prc?
 

Byebye Penis

Alfrescian
Loyal
Two thoughts:

- ANT is a scam and yet we approved them. It says a lot about our regulators.
- LOL, good luck to Singtel

1. ANT's questionable business model could trigger the collapse of the chinese financial system once there is deleveraging. Now I understand why nobody wants to invest or list in SGX because our regulators are so out of touch.

2. Singtel & Grab did the most fucked-up presentation to MAS and they still got it. They don't even have a proper plan and can't respond property to Q&A. So it is about who you know, in Singapore.
 
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