Here’s Everything You Need to Know About Ant’s Pulled IPO

Jack Ma's Wealth Plunges by Nearly $3 Billion After Ant IPO Suspension
Lock
This article is for subscribers only.

China’s shocking decision to halt Ant Group Co.’s initial public offering is reverberating across financial markets, sending Hong Kong shares lower and raising questions about the future of Jack Ma’s fintech juggernaut.

Here are the latest developments on the 11th-hour scrapping of what was poised to be the world’s biggest IPO, worth $34.5 billion: