Why China called time on Ant’s extraordinary IPO

Euromoney Limited, Registered in England & Wales, Company number 15236090

4 Bouverie Street, London, EC4Y 8AX

Copyright © Euromoney Limited 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Why China called time on Ant’s extraordinary IPO

Jack Ma Rug Pull

China’s decision to scrap Ant Group’s IPO made headlines around the world. But why did the Party act so late and why is it so concerned about Ant? Euromoney looks at the reasons behind the decision and asks what the future holds for a firm hemmed in by a raft of new rules on everything from online lending to anti-trust and data privacy.

Topics

Elliot Wilson headshot.jpg
Asia editor and Global Private Banking and Wealth Management editor
Elliot Wilson is Asia editor and Global Private Banking and Wealth Management editor. He joined the magazine in 2020 having been a regular contributor focusing on China and the Indian subcontinent, Russia and Eastern Europe/the CIS. He is based in Hong Kong.
Gift this article