Chinese fintech company Ant Group, controlled by internet giant Alibaba, has agreed that it will transfer its retail lending data to the People’s Bank of China. We are talking about the data of the consumer lending service Huabei, owned by Ant, now its data will be entered into the database of financial and credit information of the Chinese Central Bank. Among other things, the service will transfer information to the authorities such as the date of opening an account, the amount of the credit line, data on its repayment, etc. However, more specific data, such as information about purchases, will not be transferred to the Central Bank. Group with the Chinese authorities is another step in the increasing pressure on the Chinese fintech industry in general and Ant in particular. We will remind, in November Ant Group planned to conduct an IPO, which was supposed to be the largest placement in the world, but at the last moment the IPO was postponed, and the company itself was in the focus of attention of Chinese regulators. As a result, Ant had to agree with the Central Bank of China on a large-scale….