In the News: Ant IPO Suspension; Financial Holding Leadership; Carbon Trading Measures

November 09, 2020 | BY

Vincent Chow

Ant Group dual-listing suspended following new micro-lending rules draft; new draft rules for financial holding companies' leadership; and national carbon emission trading scheme draft measures published


ANT GROUP office in Hangzhou, China. Credit: THINK A/Shutterstock.com

Ant IPO suspended after new micro-lending draft rules published

Chinese fintech giant Ant Group saw its record-breaking initial public offering suspended following China's introduction of new rules surrounding micro-lending. On Nov. 3, the Shanghai Stock Exchange suspended Ant's listing, which was scheduled to happen two days later. The company soon halted its listing in Hong Kong as well

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]