China Legal Blog
Aggregated China Law Information
China suspends world’s biggest IPO of Jack Ma’s Ant Group after warning
Aggregated Source: ChinaLegalBlog.com

PNB plans massive fundraising through risky AT-1 bonds, QIPs, among other options by year end

Ant’s decision to list on the Star board, a market launched in Shanghai last year, was seen as a major win for mainland exchanges. The IPO had sparked a frenzy among individual investors, with about $2.8 trillion worth of subscriptions for the Shanghai leg alone.…

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

Original URL: Click here to visit original article