Listing of Ant Group is unlikely in the short term - state media

Listing of Ant Group is unlikely in the short term – state media

BEIJING (Reuters) - A listing of Jack Ma-backed Ant Group is unlikely in the short term, state media reported on Saturday, citing people close to regulation. Earlier this month, Ant Group announced a surprise share buyback that valued the fintech giant at $78.54 billion, well below the $315 billion touted in the suspended IPO. (Reporting by Beijing newsroom; Editing by Mark Potter)

Listing of Ant Group is unlikely in the short term - state media

BEIJING (Reuters) - A listing of Jack Ma-backed Ant Group is unlikely in the short term, state media reported on Saturday, citing people close to regulation. Earlier this month, Ant Group announced a surprise share

Listing of Ant Group is unlikely in the short term - state media

BEIJING : A listing of Jack Ma-backed Ant Group is unlikely in the short term, state media reported on Saturday, citing people close to regulation.Earlier this month, Ant Group announced a surprise share buyback that valued the fintech giant at $78.54 billion, well below the $315 billion touted in the sus

China News Service, China Express, quoted people close to regulation as saying that on the one hand, Ant Ant Group's IPO must be legal and compliant; on the other hand, companies will also make judgments based on their own internal conditions and external market conditions. Judging from the situation we have learned recently, it is unlikely that Ant will go public again in the short term. The China Financial Administration Department announced a…