China's central bank says Ant's IPO suspension is to safeguard consumer, investor interests

China's central bank says Ant's IPO suspension is to safeguard consumer, investor interests

4 years ago
Anonymous $RGO3jP_V_c

https://www.reuters.com/article/us-ant-group-ipo-suspension-pboc/chinas-central-bank-says-ants-ipo-suspension-is-to-safeguard-consumer-investor-interests-idUSKBN27M0Q3

The decision to suspend Ant Group's planned initial public offering in China was based on a comprehensive consideration about safeguarding the interests of financial consumers and investors, a senior central bank official said on Friday.