China's dramatic suspension of Ant listing to hurt business outlook, valuation

China's dramatic suspension of Ant listing to hurt business outlook, valuation

4 years ago
Anonymous $RGO3jP_V_c

https://www.reuters.com/article/us-ant-group-ipo-suspension/chinas-dramatic-suspension-of-ant-listing-to-hurt-business-outlook-valuation-idUSKBN27K046

China's shock suspension of Ant Group's record $37 billion listing in a last-minute regulatory ambush looks set to hit the financial technology giant's growth prospects and cut into its valuation.