Ant Group: Jack Ma's biggest market debut suspended amid fears over regulation
- Written by Daniel Broby, Director, Centre for Financial Regulation and Innovation, University of Strathclyde
Frederic Legrand - COMEO /Shutterstock
In a surprise last minute decision, the flagship stock exchange listing of Ant Group was suspended by regulators in China and Hong Kong. The Chinese tech giant, backed by Alibaba billionaire Jack Ma, was to be the biggest initial public offering (IPO) in history.
The suspension puts in doubt...