SHANGHAI :
Alibaba Will Learn, Respond to China's New Fintech Rules, Chair Says
Liao Shumin
DATE:  Nov 23 2020
/ SOURCE:  Yicai
Alibaba Will Learn, Respond to China's New Fintech Rules, Chair Says Alibaba Will Learn, Respond to China's New Fintech Rules, Chair Says

(Yicai Global) Nov. 23 -- Alibaba has sought to assure that it will comply with China's changing fintech rules after the changing regulatory environment caused Ant Group's initial public offering to be suspended early this month.

Alibaba will actively learn and respond to the new national policies and regulations to build a healthier platform economy with higher requirements, Daniel Zhang, chairman of Alibaba Group, said during a forum in Zhejiang province today.

Alibaba is not only a participant and a builder of China's digital economy but also a beneficiary, Zhang said, adding that the e-commerce giant is "full of gratitude for this era."

Editor: Emmi Laine
 

 

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Keywords:   Alibaba,Daniel Zhang