Reuters quoted people who are familiarThe Ant Group will be fined about 5 billion yuan (S $ 969 million), which is a quarter of a quarter than the initial more than 1 billion US dollars (S $ 1.379 billion).
Reuters also quoted people familiar with the matter and said that Chinese regulators, especially the People's Bank of China, have been promoting the company’s reorganization after the failure of the first public offering (IPO) of Ant Group in 2020. It is expected that it is expectedThe specific fines will be announced in the next few months.
It is reported that the fine of Ant Group may help the company's long -awaited financial holding company license and pave the way for restarting the listing plan.
For the extensive technology industry, Beijing's fine on Ant Group symbolizes a key step in the end of the official crackdown on private enterprises.The rectification operation began with the failure of the Ant Group's IPO and led to the evilization of billions of dollars in the market value of Chinese companies.
People familiar with the matter also said that in addition to reducing the amount of fines, the Chinese regulatory agency also hopes to soften the allegations of the Ant Group to further eliminate the concerns of Chinese private enterprises.
Reuters quoted people familiar with the matter in November last year that Beijing plans to impose more than $ 1 billion in Ant Group; fines may be concentrated in the illegal behavior of the Ant Group's suspected "disorderly expansion of capital",And the corresponding financial risk caused by its business.
