– Ant Group’s world record-setting initial public offering (IPO) in Shanghai and Hong Kong has been suspended.
– The Shanghai and Hong Kong stock exchanges made the announcement on Tuesday.
– Ant Group’s controller Jack Ma, the executive chairman Eric Jing and CEO Simon Hu were summoned and interviewed by regulators in China.
– The Shanghai Stock Exchange said Ant Group reported “significant issues,” which means it may not meet the conditions …
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Source: The Loadstar