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

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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

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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)

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

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…

中新社國是直通車引述接近監管的人士透露，螞蟻集團重啟IPO一方面要合法合規，另一方面企業也會根據自身內部情況和外部市場情況來作判斷。從近期了解到的情況來看，短期內，螞蟻重新上市的可能性不大。 大陸金融管理部門7日公布對螞蟻集團的重磅罰單，處以罰款（含沒收違法所得）人民幣（下同）71.23億元，要求螞蟻集團關停違規展開的「相互寶」業務，並依法補償消費者利益。 近期傳出，螞蟻集團正計劃進行重組，將剝離部分非核心業務，為重啟香港IPO鋪路。市場人士認為，接受處罰的螞蟻決心「重裝」上路，而從目前公布的情況看，此次處罰有利於螞蟻完善公司治理、加強風險管理、提高整體經營合規水準，預計後續其申設金控公司、申請徵信等業務牌照的進度可能會加快。  延伸閱讀 螞蟻消金H1淨利飆1.75倍 業內次高 螞蟻擬重組 赴港IPO 螞蟻估值縮水 馬雲身家腰斬 The post 螞蟻集團拚IPO 傳短期內可能性不大 appeared first on 工商時報.

螞蟻集團拚IPO 傳短期內可能性不大

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It's unlikely that Ant Group's IPO will spread in the short term

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A listing of Jack Ma-backed Ant Group is unlikely in the short term, state media reported. 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.

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

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