Listing of Ant Group Is Unlikely in the Short Term, State Media Report

Reuters2023-07-31

BEIJING, July 29 (Reuters) - 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.

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