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Ant Group IPO, world's biggest market debut suspended

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Good morning, Here's your Wednesday Asia AI News! As you've no doubt heard, Ant Group's much anticipa
 
November 4 · Issue #328 · View online
Asia AI News
Good morning,
Here’s your Wednesday Asia AI News!
As you’ve no doubt heard, Ant Group’s much anticipated IPO that is expected to raise $34.4 billion this week, has been suspended with just 48 hours to go. With all that’s at stake for Hong Kong and Shanghai’s stock exchanges and China’s stable of global tech giants, one can only assume that there must be serious technical reasons for this delay.
Shanghai authorities said that this may be due to “changes in the financial technology regulatory environment”. With an IPO of this significance to China’s tech sector and, indeed, whole economy, could it be that the regulatory authorities themselves were not prepared for an IPO of this magnitude?
More details below, although had to skip some other stories due to lack of time.
/Carrington

Ant Group IPO
China foils world’s largest stock listing 48 hours before kick-off as Ant Group delays market debut China foils world’s largest stock listing 48 hours before kick-off as Ant Group delays market debut
Jack Ma Ant Group IPO derailed in China, hitting Alibaba's (BABA) NY shares
Ant Group's record $34.5 billion IPO in Shanghai and Hong Kong is suspended
Jack Ma's Ant Group: World's biggest market debut suspended - BBC News
Jack Ma’s fortune slumps $3 billion after Ant Group IPO freeze
Startups
Self-driving firm Pony.ai gets funding from China carmaker FAW
Smart Cities
Should Asian cities take a Danish approach to AI? Should Asian cities take a Danish approach to AI?
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About Carrington Malin
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