Shocker Ant Groups Monster IPO Suspended by Regulator

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Panorama of a city business district with office buildings and skyscrapers and superimposed data, charts and diagrams related to stock market, currency exchange and global finance. Blue line graphs with numbers and exchange rates, candlestick charts and financial figures fill the image with a glowing light. Sunset light.

It was supposed to be the largest IPO ever, with estimates saying it would raise as much as 37 billion at a valuation of more than 250 billion. However, mere days before going public, the Ant Group IPO was suspended by Chinese regulators. Initially planned for Thursday, November 11th, the IPO has now been postponed indefinitely.

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