Tag Archives: Market debut of Chinese e-finance giant Ant Group postponed

HONG KONG: The planned stock market debut of the world’s biggest online finance company, Ant Group, was suspended in Shanghai and Hong Kong on Tuesday, disrupting a record-setting $34.5 billion initial public offering that highlighted China’s recovery from the coronavirus pandemic. The Shanghai stock exchange cited regulatory changes in Ant’s industry and a possible failure to meet disclosure requirements but …

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