• 11/27/2024

China imposes US$984 million fine on Ant Group, ending years-long overhaul of world’s largest fintech group

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Analysts believe the 7.123 billion yuan (US$984.33 million) fine puts to an end the saga of the regulatory crackdown on the fintech giant that operates the popular payment app Alipay.

https://www.scmp.com/business/article/3226964/china-imposes-us98433-million-fine-ant-group-paving-way-new-business-and-potential-revival-ipo?utm_source=rss_feed