Reuters reveals Beijing gives initial nod to revive Ant IPO after crackdown cools - Reuters News Agency
Business & Finance

Reuters reveals Beijing gives initial nod to revive Ant IPO after crackdown cools

Reuters exclusively revealed that China’s central leadership has given billionaire Jack Ma’s Ant Group a tentative green light to revive its initial public offering, in the clearest sign yet that Beijing is easing its crackdown on the tech sector. Ant, an affiliate of the Chinese e-commerce behemoth Alibaba Group, aims to file a preliminary prospectus for the share offering in Shanghai and Hong Kong as early as next month. 

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
ANT GROUP
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