BEIJING (Reuters) – The decision to suspend Ant Group’s planned initial public offering in China was based on a comprehensive consideration about safeguarding the interests of financial consumers and investors, a senior central bank official said on Friday. China halted the $37 billion listing on Tuesday, thwarting the world’s largest […]
interests
China’s central bank says Ant’s IPO suspension is to safeguard consumer, investor interests
Bloomberg Forget Biden Vs. Trump: The Incumbent Is Winning in Stock Market (Bloomberg) — A strange thing happened on the way to the biggest post-election surge in modern stock-market history. On Wednesday, while the S&P 500 was tacking on $600 billion of fresh value, most of its members fell.How the […]