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.

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

Nov 4, 2020, 8:16am UTC
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.