Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

China cenbank official asks Ant to maintain service quality as it works to fix business

FILE PHOTO: A thermal imaging camera is seen in front of a logo of Ant Group at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song

Chinese financial regulators have asked Ant Group Co Ltd to ensure the quality of financial services to the public as it works on rectifying its business, the central bank's vice governor Chen Yulu said Friday.

Ant has set up a working group and is preparing a timetable for the changes under the guidance of regulators, Chen told reporters in Beijing, the capital.

As it does this, it should maitain business continuity and normal operations, Chen added.

(Reporting by Cheng Leng, Zhang Yan, and Ryan Woo in Beijing; Editing by Clarence Fernandez)

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.