Days before what was to be the biggest IPO on record, Chinese authorities have thrown into doubt the future of Ant Group Co. and its founder, Jack Ma. ( read original story …)
BUSINESS
China halts Ant’s record IPO, throwing a financial empire into turmoil
It was heralded as China’s answer to JPMorgan — a homegrown financial giant on the cusp of the biggest stock-market debut the world has ever seen. Instead, with billions on the line and an initial…
China Halts Ant’s Record IPO, Throwing Ma’s Empire Into Turmoil
It was heralded as China’s answer to JPMorgan — a homegrown financial giant on the cusp of the biggest stock-market debut the world has ever seen. ( read original story …)
China Tells Ant It Must Meet New Capital Requirements Before IPO
Chinese regulators have told Ant Group Co. it can’t proceed with an initial public offering until after it complies with new capital requirements and other restrictions imposed on the country’s … ( read original story…
Why China Blocked Ant IPO And Slapped Founder Jack Ma With Suspension
The IPO suspension came a day after majority shareholder Jack Ma was called into a meeting with four regulatory agencies in China. ( read original story …)
Top 5G Module Brands in China 2020: An Analysis of Leading Vendor Product Development
The “Development of Five Leading Chinese 5G Module Brands and Their Product Strategies” report has been added to ResearchAndMarkets.com’s offering. 2019 was a seminal year for commercial 5G networks a … ( read original story…
Ant Group postpones $34B IPO after meeting with Beijing, banks
An initial public offering by the Ant Group, which was expected to be one of the largest in history, has been postponed after co-founder Jack Ma met with Chinese banks and regulators. ( read original…
China Market Update: Ant IPO Delay – Key Considerations
Ant Group’s Shanghai and Hong Kong IPOs have been postponed. This past weekend Jack Ma made several remarks about financial regulators and banks stifling financial innovation at the Bund Summit. ( read original story …)
China Stops Jack Ma’s $35 Billion Ant IPO From Going Ahead
China put the brakes on Ant Group Co.’s $35 billion share sale in Shanghai and Hong Kong, derailing the world’s biggest initial public offering. ( read original story …)
Ant Group: China pulls the world’s biggest IPO after dust up with Jack Ma
Ant Group’s highly anticipated IPO has been abruptly suspended following a meeting between the company’s billionaire co-founder Jack Ma and regulators in China. ( read original story …)
Ant Group’s record $34.5 billion IPO suspended in Shanghai and Hong Kong a day after Jack Ma met with China regulators
A supervisory meeting and changes in regulatory technology environment have disqualified Ant Group from listing on the exchange. ( read original story …)
China’s Ant Group Postpones IPO Under Regulatory Pressure
China’s Ant Group on Tuesday suspended its record-breaking IPO in both Hong Kong and Shanghai as the fintech giant faces growing pressure from Chinese regulators over potential risks. The firm’s … ( read original story…
China postpones Ant’s colossal IPO after closed-door talk with Jack Ma
The Shanghai Stock Exchange announced postponing Ant Group’s colossal initial public offering, a day after regulators weighed a slew of new fintech rules and summoned Jack Ma and other top executives … ( read original…
