A $7 Credit Limit: Jack Ma’s Ant Lures Hundreds of Millions of Borrowers

Morningstar | Stella Yifan Xie | Dec 8, 2019 By offering as little as a few bucks at a time to new borrowers, a microlending business of Chinese technology giant Ant Financial Services Group has quietly swelled into one of China's largest providers of personal credit lines. The microlender is called Huabei, which means "just