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The Internet has become an inevitable wave, many Internet companies are growing under the tide of the times, such as Alibaba and Tencent have become Internet manufacturers, they have a lot of users in China, but in this case, the company will definitely face a lot of problems in the process of development, this time Alibaba was directly interviewed, which attracted the attention of many netizens, for this matter, Alibaba has now also responded, So how exactly did he rectify it? We will address this issue from the following three aspects. <>
Why was I interviewed?
In fact, everyone is not very concerned about Alibaba's final rectification, everyone is more concerned about why they suddenly interviewed Alibaba, a major Internet company, after all, in the previous impression, Alibaba has always been keen on public welfare projects, so many people are not very clear about the real reason why he was interviewed. The main reason why I interviewed him this time was because many of Alibaba's projects involved monopolies, so they would be investigated. <>
How effective was the interview?
After Alibaba was interviewed, it has announced the project to be rectified this time on social **. Ant Group, as a very important company and project under Alibaba, said after being interviewed that it would actively implement the content of this interview, strictly control it, and at the same time conduct normal business operations in accordance with legal norms, so as to avoid such a thing in future business dealings. <>
What do you think of the Internet today?
Now the Internet has ushered in its own saturation, so in this case, many Internet companies hope to be able to consolidate their existing ideas through their first-mover advantage, but once they do so, it means that they must suppress some more innovative ideas, so they will involuntarily enter the monopoly cycle, so it is necessary to remind them to play their due role in our society.
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Ant responded that in the future, it must restrain its own company well, and rectify some projects, and will definitely comply with relevant laws and regulations in the future
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On December 26, 2020, Ant Group was interviewed by the financial management department, and under the guidance of the financial management department, Ant Group immediately set up a rectification working group, and according to the requirements of the interview, Ant Group regulated the operation and development of its financial business.
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Ant Group responded to the interview on the evening of November 2: thoroughly implement the opinions of the interview. We will continue to follow the 16-character guiding principle of "prudent innovation, embracing supervision, serving entities, and openness and win-win", and continue to improve the capacity of inclusive services to help the development of the economy and people's livelihood.
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Ant Group will actively control and implement regulatory requirements, adhere to its origin of serving the real economy and the people, follow the principles of marketization and rule of law, improve corporate governance, sort out relevant businesses and mechanisms, improve the awareness and level of laws and regulations, expand the intensity and scope of openness and win-win results, strengthen the protection of consumer rights and interests, and comprehensively improve the compliance level and social responsibility awareness of business operations.
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Ant was interviewed by the regulatory authorities, and Ant responded that the first is to strictly comply with supervision and manage the company in accordance with market rules. Second, we should quickly rectify the company, improve the company's management plan, and promote the healthy development of the company.
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Ant has announced a rectification project and will carry out commercial operations in accordance with the law in the future. Actively implement the content of the interview and carry out strict control.
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Ant said that in the future, it will definitely restrain its own companies and act in accordance with the law and law.
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Personally, I find Ant's response very bland and official. Specifically, we are actively cooperating with the investigation of the People's Bank of China and the China Banking Regulatory Commission, but our business will not be affected.
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The matter of Ant Group's investigation is in an uproar, and many people are curious, what is going on? Regarding this matter, Ant Group responded that after receiving the interview notice from the regulatory authorities, the company will carefully study and strictly comply with the requirements of the regulatory authorities, and do a good job in the implementation of relevant work. Judging from this response, it is Ant Group that has been supervised by the regulatory authorities from all aspects, indicating that it will be more standardized and market-oriented in the future of finance.
At the same time, according to the official information of the People's Bank of China, the People's Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and the State Administration of Foreign Exchange will interview Ant Group in the near future to urge and guide Ant Group to implement the requirements of financial supervision, fair competition and protection of the legitimate rights and interests of consumers in accordance with the principles of marketization and rule of law, and regulate the operation and development of financial business. In this process, the state has always handled the matter in a fair and just manner and effectively protected the rights and interests of consumers.
Judging from the interview, this is an important measure for China to strengthen anti-monopoly supervision in the Internet field, which is conducive to standardizing the industry order and promoting the long-term and healthy development of the platform economy. Currently about Alipay, which is under Ant Group, has been adjusted to a certain extent, such as Huabei borrowing and other businesses, and some deposit businesses, all of which have been taken off the shelves. The reason for rectifying Ant Group's financial business is that in recent years, China's online economy has boomed, and new formats and models have emerged one after anotherIt has played an important role in promoting high-quality economic development and meeting the people's growing needs for a better life.
However, at the same time, the online economy is also showing a trend of increasing market concentration by virtue of its data, technology, and capital advantagesThere is also the problem of monopoly of the platform, which is obvious that there are great risks and hidden dangers in the process of online economic development, and according to the report, the state is also taking action to manage it. Monopoly has always hindered fair competition, distorted the allocation of resources, harmed the interests of market entities and consumers, and stifled technological progress, which is a security hazard that requires a high degree of vigilance.
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Ant Group calls itself a technology company, but instead of using its technology to advance people's lives, it uses transactions to continuously obtain capital, and as a financial institution, it is not under the supervision of the China Banking Regulatory Commission.
If the company's listing is not approved, it can only apply for listing again after six months, and Ant Group's dream of "science and technology innovation board" will most likely not be completed.
On the morning of November 4, Ant Group announced on the Hong Kong Stock Exchange the arrangements for returning the application for shares. Ant Group said in the announcement that the initial public offering of H shares and the listing of H shares will not be carried out in accordance with the timetable set out in the prospectus. Accordingly, the following arrangements are announced in relation to the refund of the application price for the Hong Kong Public Offer.
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