China Securities Regulatory Commission Denies Assessment of Ant Group's Resumption of Listing
Tiger Newspress2022-06-09
The China Securities Regulatory Commission said today that it did not conduct the evaluation and research work on Ant Group's resumption of listing, but supported qualified platform enterprises to list at home and abroad.
Chinese financial regulators have started early stage talks on a potential revival of Ant Group's initial public offering (IPO), Bloomberg News previously reported on Thursday, citing people familiar with the matter.
Alibaba shares fell 4% in premarket trading, after rising nearly 7% at one time.
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