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> Ant Group has recently reported to China’s securities regulator about the significantly changes in regulatory environment, the exchange said, and this major d
by conistonwater 6y ago
> Ant Group has recently reported to China’s securities regulator about the significantly changes in regulatory environment, the exchange said, and this major development might make Ant Group fall short of the listing requirement regarding information disclosure
What does this mean? Does this sentence even say anything?
- netheril96 6y agoChina just put out a new set of regulation that will severely dampen the leverage available to Ant, and thus dampen their revenue and profit significantly. That will in turn lead to significant downvaluing of its stocks. So, the next step for the Chinese regulators is to suspend the whole thing for the dust to settle.