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Jack Ma Offers Beijing Part of Ant Group to Appease Regulators and Rescue Its IPO
Aggregated Source: ChinaLegalBlog.com

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Ant Group had anticipated raising up to $35 billion in a dual listing in Hong Kong and Shanghai stock exchanges.

In a bid to rescue and salvage the world’s largest IPO, Jack Ma is reported to have offered Beijing part of Ant Group to appease the contentious relationship.…

This news comes via ChinaPulse.com, which delivers news, data, analysis, and insights on Chinese business, travel, finance, health, military, investment, and technology.

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