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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 Group Holding Ltd, which owns around a one-third stake in Ant, was hit with a record $2.75 billion anti...

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 Group Holding Ltd, which owns around a one-third stake in Ant, was hit with a record $2.75 billion anti...

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.

Ant Group's Hangzhou Headquarters. Source: Ant Group April 13, 2021 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. The overhaul comes two days after affiliate Alibaba Group Holding Ltd, which owns around a one-third stake in Ant, was hit with a record $2.75 billion antitrust penalty as China tightens controls on its internet giants. Several Hong Kong and U.S.-based investors, and others w...

How to Invest in Emerging Markets in 2021 © (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 world's 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 it has not reached its full economic potential like that of a developed economy. The MSCI Emerging...