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Alibaba CEO: “Actively Evaluating” Impact of Ant IPO Halt

By
Juro Osawa
· · Source: The Information

Alibaba CEO Danial Zhang said in a conference call with analysts Thursday that the company is “actively evaluating” the impact of the suspension of Ant Group’s $37 billion initial public offering on the Chinese e-commerce giant’s business. Zhang’s comment came after China’s stock market operator on Tuesday halted Ant’s Shanghai listing, prompting the company to also withdraw its Hong Kong...

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