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#JackMa’s $34 billion #AntGroup IPO listing has been suspended by the #ShanghaiStockExchange
businessinsider.in/business/news/…
By @SanchDash
businessinsider.in/business/news/…
By @SanchDash
A huge blow for #AntGroup and #JackMa as his $34 billion IPO has hit a hurdle with the Shanghai Stock Exchange suspending its listing. Ant was set to begin trading on Hong Kong exchanges on November 5.
“Recently, it happened that your company’s actual controller, chairman and general manager were jointly conducted supervisory interviews by relevant departments, and your company also reported on major issues such as changes in the financial technology regulatory environment..."
