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Financial rule changes in China pushes Jack Ma-founded fintech giant to pull IPO two days before listing
The stock market flotation of Ant Group, planned to be the biggest share offering in history, has been dramatically suspended just two days before dealings were due to begin in Shanghai and Hong Kong.
The move came a day after the financial tech company’s top executives including its founder, Chinese billionaire Jack Ma, were summoned to speak to regulators. Continue reading...