Listing of Ant Group is unlikely in the short term, state media report

2023-07-29 - Scroll down for original article

Click the button to request GPT analysis of the article, or scroll down to read the original article text

Original Article:

Source: Link

BEIJING, July 29 (Reuters) - A listing of Jack Ma-backed Ant Group (688688.SS) is unlikely in the short term, state media reported on Saturday, citing people close to regulation. Earlier this month, Ant Group announced a surprise share buyback that valued the fintech giant at $78.54 billion, well below the $315 billion touted in the suspended IPO. Reporting by Beijing newsroom Editing by Mark Potter Our Standards: The Thomson Reuters Trust Principles.