Financials Nov 05, 2020 08:49 PM (GMT+8) · EqualOcean
Chinese fintech giant Ant Group, which was previously supposed to start trading in early November 2020 under the ticker symbol 688688 in Shanghai and 06688 in Hong Kong, has shelved its double-listing plan due to the intense regulatory scrutiny in the Chinese market. According to the people familiar, the offering has been postponed by six months, with the valuation cut by nearly half.
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