Chinese Government Suspends Ant Group’s $37 Billion Listing

The Chinese government suspended Ant Group’s $37 billion listing on Wednesday afternoon, thwarting the largest stock market debut in the world with just days to go in a significant blow to the financial technology company founded by Jack Ma.

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Shanghai Stock Exchange Suspends Ant Group’s Record $34.5 Billion IPO

The Shanghai Stock Exchange announced on Tuesday that it has suspended Ant Group’s $34.5 billion initial public offering due to glaring changes in the company’s regulatory environment, placing the fintech giant’s world record-setting IPO in jeopardy.

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