China's Central Bank Tells Ant Group To Concentrate On Payments Business
PYMNTS
DECEMBER 27, 2020
The Chinese central bank's statement came after it had met with representatives of Ant and regulatory officials from the country's securities, banking and foreign exchange sectors, presented as a Q&A with PBOC vice governor Pan Gongsheng. Ant's much-anticipated double IPO was nixed earlier this year by the government.
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