Pan Gongsheng, a deputy governor at China's central bank, said Ant had become indifferent to China's regulations, accusing the fintech of "turning a blind eye to compliance requirements," theBank of America highlights its top 8 stock picks in the booming housing sector — including one it expects to rally 54% next year
Although Ant has transformed its business multiple times in accordance with regulatory oversight, the central bank deputy governor said this weekend that it "must integrate its development into the overall plan of the country's development." China's order comes after Ma suggested giving up parts of Ant to the Chinese government. "You can take any of the platforms Ant has, as long as the country needs it," the billionaire told regulators at a November 2 meeting, according toBut his offer failed to win acceptance, as China was unwilling to give up on a full crackdown.Read More:
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morgfair Horror. Only 51 billion left.
My stock in Alibaba hasn't been affected yet...
His number worth nothing if the one at the beginning is changed to zero.
Dictators hv to go join an another closely at a border
China not sharing wealth 🤣
Always kiss the ring. Be careful who you piss off with authority over you if you cant win the war.
Na wa