Tech Insider: Ant Group Fined, Zeekr EVs Heading to Israel

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Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Ant Group fined nearly $1 billion as overhaul wraps up

China’s central bank said Friday that financial regulators had fined Ant Group Co. Ltd. 7.1 billion yuan ($984 million) as the fintech giant nears the end of a years-long government-led restructuring.

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