Technology China lays out ‘rectification’ plan for Jack Ma’s fintech empire Ant Published 4 weeks ago on December 29, 2020 By All Naija Entertainment. The People’s Bank of China, being the country’s central bank, has summoned Ant Group for regulatory talks. Download & Install The New ANE Android App To Your Device Hello!! Have you heard about the deadly virus called Coronavirus? No? See What It Is & How To Prevent It Here. Also Stay Connected & Get Latest Updates On Coronavirus Here. Please be safe! We LOVE You. Described as a whirlwind holiday exercise for the company, reports noted that the plan was to “rectify” its regulatory violations. The meeting came less than two months after China’s financial authorities abruptly halted what could have been a record-setting initial public offering of Ant. Reports revealed that the decision was reached over the firm’s regulatory compliance issues. Concurrently, however, Jack Ma’s e-commerce giant Alibaba is under investigation by China’s top market regulator over alleged monopolistic behavior. INSTALL: All Naija Entertainment App Into Your Android Device DON'T MISS: Dwayne Johnson (The Rock) Never Kissed In Films Nor Had S*x In A Movie. Is It True? 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