China c.bank trials tighter regulation on Ant Financial, Suning.com
04 Nov China c.bank trials tighter regulation on Ant Financial, Suning.com
Posted at 03:38h
in
News
by KMFSLLP
China is testing new regulations
on five financial holding companies, including e-commerce giant
Alibaba’s payment affiliate Ant Financial Service
, paving the way for tighter oversight of the
fast-growing sector.
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