Ant Group Fined 7.123 Billion Chinese Yuan

SHANGHAI, CHINA - JULY 6, 2023 - Visitors visit the booth of Ant Group at the 2023 World Artificial Intelligence Conference in Shanghai, China, July 6, 2023. On the evening of July 7, 2023, the China Securities Regulatory Commission announced that it had fined Ant Group and its subsidiaries 7.123 billion yuan (about $984.7 million). In response, Ant Group said that since 2020, Ant Group has actively promoted various rectification under the guidance of the financial management department, and has now completed relevant rectification matters.

• Product Code
• ILEA001508100

• Registered date
• 2023/7/06 00:00:00

• Credit
• CFOTO / Kyodo News Images

• Media source
• CFOTO

• Media size
• 5445 × 3630 pixel

• Resolution
• 300 dpi

• Deployment size
• 3.75(MB)*

• Special instruction
• China Out
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