The PBOC and other top financial regulators have summoned fintech platforms and told them to curb unfair practices. Photo: Bloomberg The PBOC and other top financial regulators have summoned fintech platforms and told them to curb unfair practices. Photo: Bloomberg
The PBOC and other top financial regulators have summoned fintech platforms and told them to curb unfair practices. Photo: Bloomberg
Ant Group

Beijing summons online financial platforms and warns over unfair market practices

  • Companies asked to attend include Tencent, Baidu’s fintech arm, JD Finance, ByteDance and Meituan Finance among others
  • Regulators say there have been breaches of consumer rights with some platforms operating outside permitted business areas

Topic |   Ant Group
The PBOC and other top financial regulators have summoned fintech platforms and told them to curb unfair practices. Photo: Bloomberg The PBOC and other top financial regulators have summoned fintech platforms and told them to curb unfair practices. Photo: Bloomberg
The PBOC and other top financial regulators have summoned fintech platforms and told them to curb unfair practices. Photo: Bloomberg
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