Tuesday, November 3, 2020

China Freezes Ant Group's $37 Billion Listing

China has slammed the brakes on Ant Group's bumper share sale just two days before it was due to list.

It's a dramatic development for what would have been the world's biggest initial public offering...

coming just a day after founder Jack Ma and other top executives were summoned for talks with regulators.

Patrick Fok has more details from Beijing.

IN: The Shanghai
OUT: SIGNOFF
DUR: 72 SECS
LINK: http://www.fsnradionews.com/feeds/0411maANT.mp3