BEIJING: Jack Ma, founder of Chinese e-commerce giant Alibaba suffered a major setback on Tuesday when the Shanghai and Hong Kong stock exchanges suspended the double listing of the shares of its largest $ 39.7 billion initial public offering of the subsidiary. of the group: the Group of ants48 hours …
Read More »China blocks Jack Ma’s $ 35 billion Ant IPO, the world’s largest
The shock move comes after China’s regulators warned Jack Ma’s company. (FILE) China halted the sale of Ant Group Co.’s $ 35 billion shares in Shanghai and Hong Kong, derailing the world’s largest initial public offering. The Shanghai Stock Exchange will suspend listing after Ma was called in for “supervisory …
Read More »Paytm Money Backed By Jack Ma’s Ant Group – The New Challenge In India’s Securities Brokerage Industry
Paytm is backed by Chinese billionaire Jack Mas Ant Group India’s highly competitive stock brokerage industry has a fierce new rival. Paytm Money, a unit of Paytm, the nation’s largest digital payments startup, backed by Chinese billionaire Jack Ma’s Ant Group, aims to build a leading stockbroker by helping local …
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