Sources: Chinese regulators are expected to lower the fine on Ant Group to about $728M, down from the $1B+ initially planned, and soften the wording of charges (Reuters)

by #AI April 18, 2023 · Automatic

Reuters:
Sources: Chinese regulators are expected to lower the fine on Ant Group to about $728M, down from the $1B+ initially planned, and soften the wording of charges — Chinese regulators are expected to fine Ant Group about a quarter less than the more than $1 billion initially planned and downgrade …