China fines Jack Ma's Ant Group nearly $1 billion China fines Jack Ma's Ant Group nearly $1 billion

China's top financial regulators have fined Ant Group — the fintech firm founded by billionaire Jack Ma — about 7.1 billion yuan ($994 million) for breaking rules related to consumer protection and corporate governance. China's top financial regulators have fined Ant Group — the fintech firm founded by billionaire Jack Ma — about 7.1 billion yuan ($994 million) for breaking rules related to consumer protection and corporate governance. https://ift.tt/cAO8mzs