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Ant Group fiasco reflects battle for China's financial soul

Shanghai - China's last-minute abandonment of Ant Group's record-breaking IPO stems from an intensifying battle for the soul of the nation's financial system that the fintech giant and its charismatic leader Jack Ma helped to ignite.

'Mom and pop' investors dismayed by China's scrapping of Ant IPO

Fpo - Hong Kong's "mom and pop" investors had been looking forward to an instant jackpot via Ant Group's record-busting $34 billion IPO. Instead, China's shock suspension of the listing has left them baffled and angry.

Jack Ma: tycoon who soared on China's tech dreams grounded by regulators

Bejing - Jack Ma, the ebullient and unconventional billionaire founder of tech giant Alibaba and the totem of China's entrepreneurial brilliance, now finds himself up against a Communist leadership seemingly intent on hacking back his empire and issuing a lesso...

Ant Group: China's fintech flyer grounded by regulators

Bejing - Set for a record-busting $34 billion IPO in Hong Kong and Shanghai, Ant Group has had its wings summarily clipped by Chinese regulators.

Ant Group's shock IPO suspension hammers Alibaba shares

Shanghai - China's shock, last–minute decision to suspend the record-breaking IPO of fintech giant Ant Group hammered shares of founder Jack Ma's e-commerce titan Alibaba on Wednesday and left investors reeling.

China's Ant Group postpones IPO under regulatory pressure

Shanghai - China's Ant Group on Tuesday suspended its record-breaking IPO in both Hong Kong and Shanghai as the fintech giant faces growing pressure from Chinese regulators over potential risks.

On the march: Ant Group, China's fintech sensation

Bejing - With a name belying its giant ambitions, China's Ant Group on Tuesday launched a history-making $34 billion IPO in Hong Kong and Shanghai.

For Chinese consumers, Ant Group app is part of the fabric of life

Shanghai - The most essential item in aircraft engineer Tao Rui's possession during a recent outing in Shanghai was the Alipay smartphone app from Ant Group, a company little known outside China until it unfurled plans for the biggest IPO in history.

China's Ant Group says to raise $34 bn in record IPO

Bejing - Chinese e-payments giant Ant Group said Monday it plans to raise $34 billion in a listing shared between Hong Kong and Shanghai, making it the biggest IPO in history.

Alibaba fintech arm gets nod for record IPO listing in Hong Kong

Bejing - The financial arm of Chinese e-commerce titan Alibaba received Monday a green light from Chinese regulators to list in Hong Kong, according to data published online, another step towards the biggest IPO in history.

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