Ant group says will strictly comply with all regulatory requirements - Telenor

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December 24, 2020

Ant group says will strictly comply with all regulatory requirements


(Reuters) China’s Ant Group on Thursday said it has received a meeting notice from regulators, and will strictly comply with all regulatory requirements.


China’s financial watchdogs including the central bank and banking and insurance regulator said they will conduct regulatory talks with Ant Group within the next few days, while the country’s market regulator on Thursday said it has launched an investigation into Alibaba Group for alleged monopoly conduct.


Source: Reuters; Reporting by Lusha Zhang and Ryan Woo; Editing by Shri Navaratnam

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