Ant Group IPO faces at least 6-month delay after Beijing intervention
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Chinese fintech’s valuation could fall after being hit by new regulations
Full ArticlePublished
Chinese fintech’s valuation could fall after being hit by new regulations
Full ArticleThe delay in Ant Group's IPO has led some analysts to slash its valuation estimate in half, according to Bloomberg.
Ant Group got its US$34.4bn IPO halted by the Chinese government because the latter was looking to protect its capital markets..