News Snapshot:
Report: China probes securities regulator over Ant’s swift IPO process 28/04/2021 Investigators reportedly explored why the fintech titan’s offering was fast tracked and if Ant Group made sufficient disclosures at the time of its filing. “Chinese authorities are probing the speed with which Ant Group ’s ill-fated listing was approved,” Bloomberg reported, citing people familiar with the matter. Details: Investigators, which include officials from multiple agencies, have been pressing China’s securities regulator for several months over the matter. They reportedly explored why the fintech titan’s offering was fast tracked and if Ant made sufficient disclosures at the time of its...
