Ant Group was fined 7.123 billion yuan in the RMB market prediction that China would h

(Beijing/Hangzhou Composite Television) The Chinese government fined Ant Group 7.123 billion yuan (RMB, Same, Same, S $ 1.331 billion), ending the rectification of this financial technology giant, and expressed its financial technology giant.From centralized rectification to normal supervision.The market also predicts that this marks that Beijing's strict fighting of technology companies will come to an end.

On Friday (July 7), the People's Bank of China, the State Administration of Finance Supervision and Administration, and the China Securities Regulatory Commission jointly released news, saying that most of the outstanding problems in the current platform's financial business have been rectified.The focus of the financial management department is transferred from the centralized rectification of the financial business of the platform to the normal supervision.

According to the official website of the People's Bank of China, the financial management department also announced the results of rectification.Among them, for Ant Group and its institutions in the past year in corporate governance, financial consumer protection, participating in bank insurance institutions' business activities, engaging in payment settlement business, fulfillment of anti -money laundering obligations, and carrying out fund sales business, etc.The group and its institutions were fined, including confiscated illegal income, a total of 7.123 billion yuan.

On the same day, another Internet giant Tencent's financial company Tenpay Payment was fined nearly 3 billion yuan for violating consumer rights protection management regulations.In addition, the time of Alipay and Tenpay's then senior executives and relevant responsible persons ranging from 50,000 to 1.475 million yuan.

Ant Group issued an announcement on Friday night, expressing his sincere acceptance and resolute obedience to punishment.The announcement said that since 2020, the Ant Group has actively promoted various rectifications under the guidance of the financial management department, and has completed relevant rectification matters."Today, the Ant Group received a decision on administrative penalties for the financial management department. We sincerely accept, resolutely obey this, and further consolidate the level of compliance with the level of control."

Bloomberg said that in 2020, the Chinese official named Ant Group's US $ 38 billion (S $ 51.4 billion) IPO was the beginning of the wider range of technology Internet industry.The rigorous fighting of technology companies ended.

Reuters on Friday that Pan Gongsheng, who was just appointed as the General Secretary of the Party Committee of the Central Bank of China in early July, was one of the main regulators responsible for the reform of Ant Group. He had held several meetings with the company for fines and reforms.The fine of Ant Group will be the prelude to appointing Pan Gongsheng as the governor of the Central Bank of China.