Ant Group just dumped its $530M Paytm stake - here's why smart money follows

When your business partner starts quietly selling their stuff at your garage sale, it's probably time to ask some questions. That's essentially what's happening as Ant Group officially dumps its remaining 5.84% stake in Paytm for Rs 3,800 crore ($530 million) - and they're not exactly being subtle about it.

The Chinese fintech giant is offloading its entire remaining position through Goldman Sachs and Citigroup at Rs 1,020 per share, which represents a 5.2% discount from Friday's closing price. Think of it as the financial equivalent of marking down merchandise for a quick sale - sometimes yo...