Wednesday, November 4, 2020

Debut of Chinese e-finance giant derailed by fear of risks


BEIJING (AP) — The world’s biggest online finance company was racing toward a stock market debut when it was derailed by Beijing’s anxiety about risks in the fledgling industry, jarring global investors and deepening uncertainty about China’s financial markets. Regulators suspended Ant Group’s record-setting $34.5 billion stock offering two days before trading was due to […]

source https://www.seattletimes.com/business/debut-of-chinese-e-finance-giant-derailed-by-fear-of-risks/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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