China Pulls Brakes on Ant Group’s $37Billion IPO

Capt. John
  • Ant Group’s US$37 billion listing has been suspended in both Shanghai and the Hong Kong Special Administrative Region (HKSAR) two days before what was set to be the world’s largest-ever stock market debut.
  • The Shanghai stock exchange first announced that it had suspended Ant’s initial public offering on its STAR market, prompting Ant to also freeze the HKSAR leg of the dual listing.
  • Ant said that its listing had been suspended by Shanghai following a recent interview regulators held with its...

https://mfame.guru/china-pulls-brakes-on-ant-groups-37billion-ipo/

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