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China to consider reviving Ant Group's IPO -Bloomberg News – INTNET.ORG

Source: intnet.org intnet.org
News Snapshot:

June 9 (Reuters) – Chinese financial regulators have started early stage talks on a potential revival of Ant Group’s initial public offering (IPO), Bloomberg News reported on Thursday, citing people familiar with the matter. The China Securities Regulatory Commission (CSRC) said in a statement it had not conducted any assessment or research work regarding Ant’s IPO. The regulator had established a team to reassess the share sale plans of the fintech giant, which is controlled by billionaire Jack Ma, Bloomberg earlier reported. Register now for FREE unlimited access to Reuters.com Ant declined to comment to Reuters. The U.S. listed shares…

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