News Snapshot:
The Shanghai Stock Exchange suspended first-day trading in Ant Group on the Shanghai stock exchange just before its scheduled listing Thursday. Shortly after this, the Hong Kong stock exchange also said that the stock market debut of online finance giant Ant Group has been postponed. Alibaba co-founder Jack Ma has also been summoned by Chinese regulators for a meeting on Monday. “This material event may cause your company to fail to meet the issuance and listing conditions or information disclosure requirements,†the Shanghai stock market operator said in a statement issued to Ant Group. Ant Group did not immediately comment....
