For Ant Financial IPO, it was supposed to be the largest in the history, but due to new regulatory requirement in the financial technology sector, the IPO has grinded to a halt. Whether will Ant Financial restart the IPO process and still able to command similar level of valuation remains to be seen. But all in all, it casts a negative picture for Ant Financial given the listing date is just days away.
For Ant Financial IPO, it was supposed to be the largest in the history, but due to new regulatory requirement in the financial technology sector, the IPO has grinded to a halt. Whether will Ant Financial restart the IPO process and still able to command similar level of valuation remains to be seen. But all in all, it casts a negative picture for Ant Financial given the listing date is just days away.