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Chinese regulators stopped Ant's massive IPO in November 2020 only days before it was scheduled to raise an estimated USD 34 billion in Hong Kong and Shanghai.
Published on Jul 09, 2023 10:03 AM IST
ANI | | Posted by Aryan Prakash
The appointment comes weeks after the billionaire made a rare public appearance in China.
Published on Apr 21, 2023 09:03 PM IST
Alibaba Group plans to split into six units and explore fundraisings or listings for most of them, it said on Tuesday, in a major revamp as Beijing vows to ease a sweeping regulatory crackdown and support its private enterprises.
Published on Mar 28, 2023 05:29 PM IST
Once one of the country's most outspoken businessmen, he retreated from the public limelight in late 2020 after criticising China's regulatory system.
Published on Mar 27, 2023 02:27 PM IST
The Chinese fintech giant has been discussing options to reduce its stake in One 97 Communications Ltd. after its share percentage increased passively due to share buybacks.
Published on Feb 25, 2023 01:19 PM IST
Bloomberg | | Posted by Ritu Maria Johny