The New Paper

December 28, 2020

Chinese regulators order Ant Group to address regulatory issues

Chinese regulators ordered Ant Group to address a series of business and regulatory issues yesterday. The announcement came after regulators postponed the fin-tech giant’s highly-anticipated IPO last month and marks the latest in growing Chinese regulatory scrutiny over its tech giants (including an antitrust investigation into sister-company Alibaba).
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This story is from the December 28, 2020 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.