[MrSinkie95]

https://www.bloomberg.com/news/artic...eve-of-ant-ipo

[funnycow]

_dXter wrote:

Shld update this thread with the stock code 6688.HK

can mod help to change the thread name ?

[MrSinkie95]

Ant financial ipo delayed? Baba tanking now

[zhxiaobian]

A share delayed, not sure about H share yet

[funnycow]

funnycow wrote:

https://www.reuters.com/article/ant-...-idUSP8N2HK04R

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]

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.

[assiak71]

Hk share leh?

[zhxiaobian]

HKEX will announce later whether ant’s H share will be delayed

[xtwis7]

I doubt HK will be allowed to proceed

[assiak71]

Not 1 country 2 systems? Ha ha

[funnycow]

zhxiaobian wrote:

HKEX will announce later whether ant’s H share will be delayed

where to see this

[reddevil0728]

assiak71 wrote:

Not 1 country 2 systems? Ha ha

probably more like whether they want to continue

[zhxiaobian]

funnycow wrote:

where to see this

chinese news website

[zhxiaobian]

zhxiaobian wrote:

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.

[yiron]

https://www.bloomberg.com/news/artic...hai-star-board