Ant Group Bank China Hong Kong IPO Online Payment Shanghai stock exchange
November 3, 2020 admin Trading Ideas Comments Off on China Suspends Jack Maࢀ™s Ant Group Shanghai IPO After Warning (Bloomberg) ࢀ" China has suspended the Shanghai leg of Ant Group Co.ࢀ™s $35 billion offering, potentially derailing the worldࢀ™s biggest initial public offering.The Shanghai stock exchange will suspend the listing amid changes in the regulatory environment, it said in a statement Tuesday without providing further details. The debut was expected for Thursday, the same day as the Hong Kong portion.The shock move comes after Chinaࢀ™s regulators warned that Jack Maࢀ™s firm faces increased scrutiny and will be subject to the same…
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