China's revamp of Ant Group dents investor appetite for IPO revival

China's revamp of Ant Group dents investor appetite for IPO revival

Ant Group's Hangzhou Headquarters. Source: Ant Group

China’s regulatory-imposed revamp of Jack Ma’s Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to revive what would have been the world’s biggest IPO.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter