This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXNPEE7M0OD_M.jpg
Ant’s listing in Shanghai was halted amid changes in the regulatory environment, according to a statement, which didn’t provide further details. Its Hong Kong IPO has also been suspended.
Alibaba owns about a third of the payments company, which was expected to begin trading on both exchanges on Nov. 5.
(Updates share move, adds Hong Kong suspension)
©2020 Bloomberg L.P.
