Investors had bid a record US$3 trillion for Ant Group shares before China suspended the fintech giant’s stock market listing. Photo: EPA-EFE Investors had bid a record US$3 trillion for Ant Group shares before China suspended the fintech giant’s stock market listing. Photo: EPA-EFE
Investors had bid a record US$3 trillion for Ant Group shares before China suspended the fintech giant’s stock market listing. Photo: EPA-EFE
Ant Group

US shelves bid to blacklist China’s Ant Group after phone call by Alibaba president, sources say

  • Alibaba president Michael Evans urged Commerce Secretary Wilbur Ross to reject a proposal to add Ant Group to a trade blacklist in a phone call, sources say
  • Fears of antagonising Wall Street ahead of Tuesday’s presidential elections, possibility of a lawsuit said to have helped convince Ross to set the plan aside

Topic |   Ant Group
Investors had bid a record US$3 trillion for Ant Group shares before China suspended the fintech giant’s stock market listing. Photo: EPA-EFE Investors had bid a record US$3 trillion for Ant Group shares before China suspended the fintech giant’s stock market listing. Photo: EPA-EFE
Investors had bid a record US$3 trillion for Ant Group shares before China suspended the fintech giant’s stock market listing. Photo: EPA-EFE
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