Ant Group will see 'results' if follows legal processes after IPO suspension -c.bank governor
Reuters2021-01-26
BEIJING, Jan 26 (Reuters) - Ant Group will see results if the company follows the legal processes following the suspension of its initial public offering, according to China's central bank governor Yi Gang.
"I'd say that you just follow the standard of legal instruction, you will have the result," Yi said on Tuesday, speaking at a virtual meeting of the World Economic Forum.
The legal framework for financial innovation has to be very clear, he also said, speaking in English.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.