The billionaire founder of AlibabaJack Ma, plans to give up control of Ant Group, the Chinese fintech company whose historic IPO was stopped in 2020 by the Beijing authorities and which is in the process of being restructured, as reported on Thursday The Wall Street Journal (WSJ). The newspaper, citing anonymous sources, notes that Ma could lose control of the company by transferring some of his voting power to other executives of it, including CEO Eric Jing. According to him WSJAnt has communicated to the regulators the plans of the billionaire businessman while is preparing to modify its business structure...