You are here: Home » Markets » IPOS » News
Business Standard

China blocks Jack Ma's Ant IPO, world's biggest: All you should know

In this podcast, Business Standard's Samie Modak explains reasons behind the halt and the way forward for Jack Ma

Topics
Ant Group | Jack Ma | Alibaba

Sukanya Roy & Samie Modak  |  New Delhi 

It was major setback for the founder of China's e-commerce giant Alibaba, Shanghai and Hong Kong Stock Exchanges suspended dual listing of the shares of his world's biggest initial public offer of $ 39.7 billion of the group's subsidiary - the Ant Group, 48 hours before the highly-anticipated trading was due to start.

In this podcast, Business Standard's Samie Modak explains reasons behind the halt and the way forward for Jack Ma

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, November 04 2020. 13:00 IST
RECOMMENDED FOR YOU
.