Home Gadgets 360 Alibaba’s Ant Group IPO Said to Be Halted by Chinese President Xi Jinping: Report

Alibaba’s Ant Group IPO Said to Be Halted by Chinese President Xi Jinping: Report

by THE DAILY STAR 11:56 PM

China's President Xi Jinping personally decided to pull the plug on Ant Group's $37-billion (roughly Rs. 2,76,200 crores) IPO, the Wall Street Journal reported, citing Chinese officials with the knowledge of the matter.

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