China's shock suspension of Ant IPO lauded as necessary by state media

China's shock suspension of Ant IPO lauded as necessary by state media

4 years ago
Anonymous $RGO3jP_V_c

https://www.reuters.com/article/us-ant-group-ipo-suspension/chinas-shock-suspension-of-ant-ipo-lauded-as-necessary-by-state-media-idUSKBN27K046

China's shock move to suspend Ant Group's record $37 billion listing was described as necessary and reasonable by state media as well as by some analysts, even though it came just days before its dual debuts in Shanghai and Hong Kong.

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