> Indian Insurance: China’s Shock Suspension of Ant Group’s Listing Set to Hit Business Outlook, Valuation

Wednesday, November 4, 2020

China’s Shock Suspension of Ant Group’s Listing Set to Hit Business Outlook, Valuation

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. The move to suspend Ant’s IPO was seen as a …

from News – Insurance Journal https://ift.tt/3k526vL