HONG KONG (AP) — Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight amid stepped up scrutiny of technology firms. In a meeting Monday, the central bank and other financial regulators also ordered Ant to cease anti-competitive behavior in […]
source https://www.seattletimes.com/business/chinese-regulator-orders-ant-group-to-conduct-major-overhaul/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology
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