SOURCE / ECONOMY
China summons 13 internet firms with financial business, vowing to strengthen anti-monopoly supervision
Published: Apr 29, 2021 07:47 PM
rmb File photo:VCG

File photo:VCG


China’s financial regulators held talks with representatives of 13 internet firms which have a fintech business, including Tencent, Du Xiaoman Finance owned by Baidu, JD Finance, and ByteDance to strengthen anti-monopoly supervision and prevent the disorderly expansion of capital.

This is a developing story. We will update it later.