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China Unicom: China to name Unicom CEO Liu as head of new data bureau, ET Telecom

Liu, 54, an electronics and information technology veteran who also serves as China Unicom s chairman, will take the helm of the National Data Bureau in the coming days, the sources told Reuters. ....

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China ends Ant Group's regulatory revamp with nearly $1 billion fine

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.

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China to End Ant Group's Regulatory Revamp With Fine of at Least $1.1B: Sources

Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources with direct knowledge ....

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China to end Ant Group's regulatory revamp with fine of at least $1.1 bln-sources

Chinese authorities are
likely to announce a fine of at least 8 billion yuan on Ant Group as soon as Friday, sources with direct
knowledge of the matter said, bringing an end to the. ....

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Exclusive-China to end Ant Group's regulatory revamp with fine of at least $1.1 billion-sources

Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, 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), which has been driving the revamp at Ant after its $37 billion IPO was scuttled in late 2020, is expected to disclose the fine in the coming days, the sources told Reuters. The penalty, which would be one of the largest ever fines for an internet company in the country, will help pave the way for the fintech firm to secure a financial holding company license, seek growth, and eventually, revive its plans for a stock market debut. ....

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