![The logo of Ant Group, an affiliate of Alibaba, is pictured at its headquarters in Hangzhou, Zhejiang province, China October 26, 2020. Picture taken October 26, 2020. REUTERS/Aly Song](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/NLXVI7CT7KXRTXUUHGOWFMUCHY.jpg?smart=true&auth=5abd4f6cdde2d5a38436e9d5dcece119b6df804f5d3d603060d494f3cf917879&width=400&height=225)
China halted Ant’s $35bn share sale just days before the company was due to go public. Reuters
China halted Ant’s $35bn share sale just days before the company was due to go public. Reuters
Ant Group’s IPO troubles to reduce its value by $140bn
The company, which was supposed to debut last week in Shanghai and Hong Kong, had a pre-IPO valuation of $280bn
Bloomberg
09 November, 2020