China ends crackdown on web giants with colossal fines for Ant Group, Tencent
[PDF] to having received a notification of a ¥2.9 billion fine from the People's Bank of China.
Ant Group was found to have broken laws covering insurance, investments, money laundering, and more. Alibaba had already decided to close Xianghubao. Tencent was fined for failing to properly manage some aspects of its Tencent Pay service. Beijing's concerns over Ant Group's operations saw it order a last minute cancellation of the Alibaba limb's planned 2020– at the time the world's all-time highest-valued IPO. While Beijing was worried about some of the loan products Ant Group offered, halting the IPO was also seen as retaliation for founder Jack Ma making anti-Beijing remarks.
After the fine was announced last week, Ant announced a new plan to help investors turn their shares into cash: a share buyback of 7.6 percent of its stock. But the buyback is not great news because it values Ant Group at 70 percent less than the sums indicated by the pricing of the aborted 2020 IPO.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The risk of obstructive sleep apnea is highly correlated with depressive symptoms among the Korean adults population: results from the 2020 Korea National Health and Nutrition Examination Survey - BMC PsychiatryObjectives We aimed to examine the association between Obstructive Sleep Apnea (OSA) risk, health behaviors, and depressive symptoms in a representative Korean sample. Methods Cross-sectional data from the 2020 Korea National Health and Nutrition Examination Survey (KNHANES) were analyzed. The sample included 4,352 adults aged 40 years and older. Multiple linear regression analysis was performed to examine the association between OSA risk, health behaviors, and depressive symptoms. Results In total, 23.1% of the participants reported a high risk of OSA. Of the respondents, 39.8%, 19.0%, 27.2%, and 8.7% reported hypertension, snoring, tiredness, and observed apnea, respectively. The prevalence of moderate-severe depressive symptoms among adults with high-risk OSA was 7.5%. The significant associations between OSA risk and sex with PHQ-9 were shown in univariate linear regression. In the multiple linear regression analysis, the association between high risk of OSA and PHQ-9 showed in total (B = 1.58; P | 0.001), male (B = 1.21; P | 0.001), and female (B = 1.93; P | 0.001). Conclusions A high risk of OSA was associated with an increased prevalence of depressive symptoms. Monitoring the risk factors of depressive symptoms, including OSA, or unhealthy behaviors may decrease the mental health issues of middle-aged and older adults.
Weiterlesen »
China sends warships and jets near Taiwan as top US official visits BeijingBeijing claims the island as its own territory, to be reclaimed by force if necessary, and American support for the self-governing republic remains a stumbling block to ties with Washington.
Weiterlesen »
US asks China to help fight climate change threatThe US Treasury Secretary wants Beijing to invest more in efforts to transition from fossil fuels.
Weiterlesen »
Janet Yellen asks China to co-operate on climate change actionTreasury Secretary Janet Yellen calls on Beijing to invest more in efforts to transition from fossil fuels.
Weiterlesen »
Deep-sea mining tussle pits France and Germany against China\n\t\t\tJournalists in 50+ countries follow the constant flow of money made and lost in oil & gas while\n\t\t\ttracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive\n\t\t\tnewsletter, Energy Source.\n\t\t
Weiterlesen »