The most recent crackdown on the Chinese ride-hailing firm has investors speculating on who’s next. Experts say short-term pullback on US-based listings can be expected.
Tag : ant group
Institutional flows into Chinese equities have been rising since early last year despite high technology valuations, US restrictions and Beijing's growing scrutiny of internet firms.
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.
