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What does Ant Financial mean by the entrusting party?

A principal refers to a person who entrusts others to handle affairs for himself.

In the securities brokerage business, the principal refers to a natural person or legal person who can buy and sell securities according to the provisions of national laws and regulations.

Refers to the citizens, legal persons or other organizations that entrust the company to auction the auction items or property rights that they enjoy ownership or disposal rights.