China ends Ant Group s regulatory revamp with nearly $1 billion fine oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.
Chinese Authorities Conclude Ant Group s Regulatory Restructuring Process With $984M Penatly crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
HONG KONG: Chinese authorities are likely to announce a fine of at least 8 billion yuan (US$1.1 billion) on Ant Group as soon as Friday (Jul 7), sources with direct knowledge of the matter said, bringing an end to the fintech company's years-long regulatory overhaul. The People's Bank of China (PBOC), whic