Listing of Ant Group is unlikely in the short term, state media report
Technology
Listing of Ant Group is unlikely in the short term, state media report
BEIJING (Reuters) - A listing of Jack Ma-backed Ant Group (688688.SS) is unlikely in the short term, state media reported on Saturday, citing people close to regulation.
Earlier this month, Ant Group announced a surprise share buyback that valued the fintech giant at $78.54 billion, well below the $315 billion touted in the suspended IPO.