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Beijing gives initial nod to revive Ant IPO after crackdown cools, sources say

June 10, 2022
Source: headtopics.com headtopics.com
News Snapshot:
Beijing gives initial nod to revive Ant IPO after crackdown cools, sources say Copy to clipboard https://str.sg/w6uD HONG KONG (REUTERS) - China's central leadership has given billionaire Jack Ma's Ant Group a tentative green light to revive its initial public offering (IPO), two sources with knowledge of the matter said, in the clearest sign yet Beijing is easing its crackdown on the tech sector. Ant, an affiliate of Chinese e-commerce behemoth Alibaba, aims to file a preliminary prospectus for the share offering in Shanghai and Hong Kong as early as next month, the sources said, declining to be named due...
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China Tech Buzz Topics: Alibaba | Ant Group | Beijing | China | Chinese | Covid-19 | e-commerce | Economy | education | finance | fintech | Hong Kong | ipo | Jack Ma | London | online payment | online shopping | Shanghai | social media | State Council | stock market | technology | Tencent | WeChat | Xi Jinping

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