Tech Insider: Ant Group Fined, Zeekr EVs Heading to Israel

Ant Group offers to buy back shares at big discount, China’s car sales slow in price war’s wake

Caixin Global

Jul 12, 2023

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Ant Group fined nearly $1 billion as overhaul wraps up

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China’s central bank said Friday that financial regulators had fined Ant Group Co. Ltd. 7.1 billion yuan ($984 million) as the fintech giant nears the end of a years-long government-led restructuring.

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