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Apart from advancing reforms to better serve financing needs of the real economy, the country will take more actions to strengthen the investment function of the A-share market this year, such as fostering the development of mutual funds focusing on equities investment and encouraging more mid-to long-term funds to enter the market, according to a CSRC statement.

Ant Financial Services Group has raised billion in its latest funding round, as the payment giant continued to drum up its overseas deployment and invest more in technologies.

Ant Financial is an affiliate of China's e-commerce giant Alibaba. Alipay is one of China's two biggest e-payment platforms, with more than 1 billion annual active users. It was valued at 0 billion after raising about billion its latest round of private fundraising activities in 2018.

Anyone who breaches the quarantine rule will face up to six months imprisonment and a fine of HK,000 (US,200).

Ant Financial Services Group, the payment affiliate of Chinese e-commerce giant Alibaba, is close to closing a .5 billion debt financing round, US cable business channel CNBC reported.