Lucy Peng, one of China’s richest businesswomen, is leaving the helm of one of the country’s most valuable private companies. Ms. Peng, 46 years old, stepped down as executive chairman of Ant Financial Services Group, the giant financial-technology affiliate of Alibaba Group Holding Ltd. that she led for eight years. She is being replaced...

Source: Wall Street Journal April 09, 2018 09:33 UTC