Listing of Ant Group is unlikely in the short term

Listing of Ant Group is unlikely in the short term - state media

2023-07-29 21:57

BEIJING A listing of Jack Ma-backed Ant Group is unlikely in the short term, state media reported on

BEIJING A listing of Jack Ma-backed Ant Group is unlikely in the short term, state media reported on Saturday, citing people close to regulation.

Earlier this month, Ant Group announced a surprise share buyback that valued the fintech giant at $78.54 billion, well below the $315 billion touted in the suspended IPO.

(Reporting by Beijing newsroom; Editing by Mark Potter)