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Read more about China orders Ant Group to rectify businesses
China orders Ant Group to rectify businesses

By ZEN SOO HONG KONG (AP) — Chinese regulators have ordered Ant Group, the world’s largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country’s internet sector. The People’s Bank of China, the country’s central bank, summoned Ant executives on Saturday and ordered them to formulate a rectification

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