Caixin China Biz Roundup: All Eyes on Ant Group After Whopping Fine

Jul.13.2023

Chinese carmakers ramp up global expansion amid fierce local competition, and Premier Li Qiang calls for enhanced cooperation in meeting with U.S. Treasury Secretary Janet Yellen

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On today’s podcast:

Ant Group Hit With $984 Million Fine as Years-Long Overhaul Wraps Up

Ant Group Proposes Share Buyback at Roughly 30% of IPO Valuation

Singapore’s Temasek Seeks Talks With Ant on Planned Buyback

Central Bank Slaps Hefty Fines on Three Major Financial Institutions

Court Rules Primavera Wronged Investors With Ant Share Sale

Chinese Auto Exports Forecast to Surge in 2023 Amid Crowded Local Market

Zeekr Vehicles Are Coming to Israel as Chinese Brand Enters Middle East

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