Shocker Ant Groups Monster IPO Suspended by Regulator

Shocker Ant Groups Monster IPO Suspended by Regulator

It was supposed to be the largest IPO ever, with estimates saying it would raise as much as 37 billion at a valuation of more than 250 billion. However, mere days before going public, the Ant Group IPO was suspended by Chinese regulators. Initially planned for Thursday, November 11th, the IPO has now been postponed indefinitely.

Leave a Reply

Your email address will not be published. Required fields are marked *