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Some investors lukewarm on China's Ant Group if revived after revamp

5 Min Read BOSTON/NEW YORK (Reuters) -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. FILE PHOTO: A sign of Ant Group is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, Nov. 23, 2020. REUTERS/Aly Song/File Photo The overhaul comes two days after affiliate Alibaba Gro...
New York United States Hong Kong Ross Kerber Scott Murdoch John Mccrank

Some investors lukewarm on China's Ant Group if IPO is revived after revamp

5 Min Read BOSTON/NEW YORK (Reuters) -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. FILE PHOTO: A sign of Ant Group is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, Nov. 23, 2020. REUTERS/Aly Song/File Photo The overhaul comes two days after affiliate Alibaba Gro...
New York United States Hong Kong Ross Kerber Scott Murdoch John Mccrank

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

Ant Groups Hangzhou Headquarters. Source: Ant Group April 13, 2021 China’sĀ regulatory-imposedĀ revampĀ of Jack Ma’sĀ AntĀ Group, transforming the hot fintech into a financial holding company, appears to have dented someĀ investorĀ appetiteĀ for any plans to revive what would have been the world’s biggestĀ IPO. The overhaul comes two days after affiliate Alibaba Group Holding Ltd, which owns around a one-third stake inĀ Ant, was hit with a record $2.75 billionĀ antitrust penalty as China ...
United States Hong Kong Gleland Miller William Huston Daniel Kern Dan Hanson

How to Invest in Emerging Markets in 2021

How to Invest in Emerging Markets in 2021 Ā© (Getty Images) Bogota cityscape of big buildings and mountains and blue sky Emerging markets are grabbing investors attention again as some people look for places to diversify their portfolios. While the U.S. has the worlds largest economy, there are other countries and regions with economies that are growing at a much more rapid pace. An emerging market is an economy that has experienced rapid economic growth but still has room to grow, meaning i...
New Mexico United States District Of Columbia Czech Republic Ali Baba Perifereia Kentrikis Makedonias
Source: msn.com

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