Ant Group Executives Summoned for Talks with Regulators, Establishes Rectification Work Group
Ant Group executives were summoned on Dec. 26 for talks about anti-monopoly practices with regulators and top financial watchdogs, including the People’s Bank of China (PBOC), the China Banking Regulatory Commission, the China Securities Regulatory Commission, and the Foreign Exchange Bureau.
The fintech giant, whose IPOs in Shanghai and Ho…