Ant's IPO fiasco set to clip its wings and dent its value

Ant's IPO fiasco set to clip its wings and dent its value

4 years ago
Anonymous $RGO3jP_V_c

https://www.reuters.com/article/us-ant-group-ipo-suspension/ants-ipo-fiasco-set-to-clip-its-wings-and-dent-its-value-idUSKBN27K046

China's surprise suspension of Ant Group's record $37 billion listing is set to delay rather than destroy its chances of a stock market debut though the financial technology giant's valuation and growth prospects are likely to take a hit.