BEIJING (Reuters) - A listing of Jack Ma-backed Ant Group is unlikely in the short term, state media reported on Saturday, citing people close to regulation.
Earlier this month, Ant Group announced a surprise share buyback that valued the fintech giant at $78.54 billion, well below the $315 billion touted in the suspended IPO.
(Reporting by Beijing newsroom; Editing by Mark Potter)
Follow us on our official WhatsApp channel for breaking news alerts and key updates!