Ant Group IPO resumption will depend on how company adapts to new fintech rules, CSRC official says

//Ant Group IPO resumption will depend on how company adapts to new fintech rules, CSRC official says

Ant Group IPO resumption will depend on how company adapts to new fintech rules, CSRC official says

The speed at which Ant Group revives its nearly US$40 billion initial public offering will depend on how quickly the company responds to the “changing regulatory environment” in China, according to Fang Xinghai, the vice-chairman of the China Securities Regulatory Commission.In his first public comments since regulators scuttled Ant’s highly anticipated listing amid a broader crackdown on technology giants, Fang said the timetable would depend on government efforts to reshape the regulatory…

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By | 2020-11-17T06:00:06+00:00 November 17th, 2020|Technology|Comments Off on Ant Group IPO resumption will depend on how company adapts to new fintech rules, CSRC official says