China says measures against Ant to be imposed on other payment firms

Reuters2021-07-08

BEIJING, July 8 (Reuters) - China's central bank said on Thursday that measures against Alibaba's Ant Group will also be imposed on other payment service companies.

"The monopolistic behavior does not only exist in the Ant Group, but also in other institutions," said Fan Yifei, vice governor of the People's Bank of China (PBOC), told a media conference in Beijing.

Fan added that measures will be revealed soon, without further elaboration.

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Comments

  • JJQ
    2021-07-08
    JJQ
    Please Like and comment! Thank you! 
  • Joker_Smile
    2021-07-08
    Joker_Smile
    Think Ant is good, but government feels they are a threat
    • Derrick3388
      that's also why China firm still prefer to list in US
    • Joker_Smile
      indeed. i think the next 20 yrs china stock market will bloom. once they start, more china film who are listed in US will head back to be the FAANG of china market
    • tiototo
      it will be a long way for the china stocks to come..
  • Wengho
    2021-07-08
    Wengho
    Leave one comment 
  • Wengho
    2021-07-08
    Wengho
    Ty 
  • HernHern
    2021-07-08
    HernHern
    Like and comment
  • ycwoo
    2021-07-08
    ycwoo
    Like pls
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