Ant Group Returns $2.8T Bids to Shanghai Investors after IPO Suspension

Nov 06, 2020

∙ Paid

Ant Group on the evening of Nov. 5, Beijing local time, announced to officially start to return the $2.8 trillion bids for the Shanghai investors on Nov. 6, who had previously bid for its record-smashing but recently halted IPO on the STAR Market.

As of Tuesday, both Shanghai Stock Exchange (SSE) and Hong Kong Stock Exchange (HKEX) suspended Ant Group’s…

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