“Under the guidance of regulators, we are focused on steadily moving forward with our rectification work and do not have any plan to initiate an IPO,” Ant said on its WeChat account late on Thursday. Neither the CSRC nor China’s State Council Information Office, which handles media queries for central leaders, responded to Reuters’ request for comment. With its economy slowing in a politically sensitive year when Xi Jinping is expected to secure an unprecedented third term as president, Beijing is looking to loosen it grip on private businesses including tech giants to help it meet a growth target of...