A woman walks past an Alipay advertising hoarding in a subway in Beijing. Photo: AFP A woman walks past an Alipay advertising hoarding in a subway in Beijing. Photo: AFP
A woman walks past an Alipay advertising hoarding in a subway in Beijing. Photo: AFP
IPO

Chinese mutual funds to unfreeze US$9 billion of investor capital after Ant Group’s IPO suspension

  • Individual investors will have the option to pull some of the US$9 billion from mutual funds after the suspension of Ant’s stock offering
  • Mutual funds pooled 60 billion yuan from investors, allowing small investors to overcome the 500,000 yuan minimum threshold to invest on Star Market

Topic |   IPO
A woman walks past an Alipay advertising hoarding in a subway in Beijing. Photo: AFP A woman walks past an Alipay advertising hoarding in a subway in Beijing. Photo: AFP
A woman walks past an Alipay advertising hoarding in a subway in Beijing. Photo: AFP
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