Ant Group’s US$34.5 billion initial public offering was scrapped in November over concerns about systemic risk and consumer complaints. Photo: Bloomberg
Ant Group’s IPO could be revived after ‘problem solved’, hints China’s central bank governor
- Yi Gang said Ant Group situation is a ‘complicated issue’, noted its payments business continues as normal
- PBOC governor said there needs to be more international cooperation on regulating fintech, particularly on consumer data
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Banking & Finance
Ant Group’s US$34.5 billion initial public offering was scrapped in November over concerns about systemic risk and consumer complaints. Photo: Bloomberg