Ant Group IPO *May be revived*

sCuzzZy

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yea that's mine expectation. but im not expert.

half of 9988.

so if its 120 its good.
 

_dXter

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Shld update this thread with the stock code 6688.HK
 

funnycow

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Shanghai stock exchange suspends Ant Group's A-share IPO
By Reuters Staff

1 MIN READ


HONG KONG, Nov 3 (Reuters) - The Shanghai stock exchange has suspended Ant Group’s A-share IPO on its Star board, the Chinese exchange said on Tuesday.

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, the Shanghai stock exchange said in a statement. (Reporting by Meg Shen and Julie Zhu; Editing by Louise Heavens)
 

zhxiaobian

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One sure thing is that chn gov wants to have stricter regulations over financial bodies, ant is going to be greatly affected.

Just last week jack ma gave a speech during a conference still wanting a loosened regulation environment.
 

xtwis7

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I doubt HK will be allowed to proceed
 

zhxiaobian

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One sure thing is that chn gov wants to have stricter regulations over financial bodies, ant is going to be greatly affected.

Just last week jack ma gave a speech during a conference still wanting a loosened regulation environment.

so the meeting last night should be to tell them this decision. After the meeting, china regulatory body released stricter regulation over internet financial bodies.

Jack ma's speech last week is more like 垂死挣扎. that kind of regulations can't be out in few days time, normally need half a year or even years to prepare.
 
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