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Ant Group IPO Halted
- ngcc_hk 6y agoBefore there was info floating whether dept of state is suggesting sanction. I assume it is not going as the Wall Street stopped it due to the money involved and the gain to be got. Even though it meant Hong Kong will replace USA market for the capital needed in china. Trillion of dollars alone was frozen for this ipo in Hong Kong. Another info was Ma was summoned to talk about the ipo. (More details come up about a possible gathering in which Ma was argued against the regulatory authority. One of the old guard wang wish an was there. ) The game being played is unknown. And big stake involved no doubt.
- ngcc_hk 6y agohttps://www.bloomberg.com/amp/news/articles/2020-11-03/ant-group-says-hong-kong-ipo-also-suspended https://www.bloomberg.com/amp/news/articles/2020-11-03/ant-g... And https://www.wsj.com/amp/articles/ant-group-ipo-postponed-by-shanghai-stock-exchange-11604409597 https://www.wsj.com/amp/articles/ant-group-ipo-postponed-by-... And https://amp.ft.com/content/c1ee03d4-f22e-4514-af46-2f8423a6842e https://amp.ft.com/content/c1ee03d4-f22e-4514-af46-2f8423a68... ——— (Hong kong Chinese news on the meeting with ma and wang, in chinese ) https://hk.appledaily.com/finance/20201103/4PTYJ7G47VDY3D4SBTHX4SXIUI/?utm_campaign=hkad_social_hk.nextmedia&utm_medium=social&utm_source=telegram https://hk.appledaily.com/finance/20201103/4PTYJ7G47VDY3D4SB...