China Halts Ant’s IPO, Unveils New Fintech Regulations

Following Chinese government’s intervention, the Shanghai stock exchange has announced the postponement of Ant’s record-breaking initial public offering. The development came after Chinese regulators weighed in on the Ant’s Group’s move to go public, using a slew of new fintech regulations. The stunning development started when Ant’s boss, Jack Ma was pulled in by the … Continue reading China Halts Ant’s IPO, Unveils New Fintech Regulations