Ant Group’s halted mega IPO; what’s next?
The cancellation of Ant Group’s mega IPO two days before trading was due to start has raised questions with investors over what happened and regulation risk in the country.
The shock suspension of the planned initial public offering (IPO) of fintech giant Ant Group's dual listing on Tuesday (November 3) has given international investors some pause, but it appears unlikely to greatly affect their interest in China-related investments – although it could make them take a closer look at any newlook listing from the company.
The deal had been set to list on the Shanghai science and technology innovation board and in Hong Kong on November 5 and raise as m…
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