• PYMNTS
• 04 Apr, 2021

When regulators required that Ant Group pull its planned IPO in November, the Financial Times reported, only 12 had previously been delayed. Since then, according to the paper, 180 companies have dropped plans to go public on the Star exchange. The Financial Times asserts in its article that the disruption in IPOs could hurt China's effort to develop domestic capital markets — a priority made even more important because of a recent U.S. law that is making it hard for some...
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