Ant group says will strictly comply with all regulatory requirements

Ant group says will strictly comply with all regulatory requirements

China's Ant Group on Thursday said it has received a meeting notice from regulators, and will strictly comply with all regulatory requirements.

A sign of Ant Group is seen during the World Internet Conference (WIC) in Wuzhen
FILE PHOTO: A sign of Ant Group is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song

BEIJING: China's Ant Group on Thursday said it has received a meeting notice from regulators, and will strictly comply with all regulatory requirements.

China's financial watchdogs including the central bank and banking and insurance regulator said will conduct regulatory talks with Ant Group within the next few days, while the country's market regulator on Thursday said it has launched investigation on the group for alleged monopoly conduct.

(Reporting by Lusha Zhang and Ryan Woo; Editing by Shri Navaratnam)

Source: Reuters

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