Ant Group tells staff it hopes to resume IPO, as Beijing finalises new rules for digital lenders

Source: South China Morning PostAnt Group has told employees that it was hopeful of eventually resuming its initial public offering (IPO), and that before this materialises it was working on a plan to provide a solution for staff looking to monetise their stock holdings.According to people familiar with the matter, Eric Jing, Ant’s chairman, told employees via the company’s internal website that it plans to offer a short-term liquidity solution to staffers starting April, the start of the fintech group’s financial year. While…Read More

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