· ant group ’ s highly anticipated ipo has been suspended following a meeting between the company’s billionaire co-founder jack ma and regulators in china, an abrupt move that threatens. · jack ma lost about $ 3 billion of his wealth on tuesday after it was revealed that the ant group ipo would be delayed. · however, after the dual ipo in shanghai and hong kong was canceled , ma s stake in ant group was suddenly worth $ 3 billion less after ant group s value plunged 9. 7%. · the $ 35 - billion ipo of chinese financial giant ant group co, controlled by billionaire jack ma , was halted on tuesday for what, the chinese authorities call, “shortcomings” in the company’s structure which “may require overhauling”. · (bloomberg) -- china’s shocking decision to halt ant group co. ’s initial public offering is reverberating across financial markets, sending hong kong shares lower and raising questions about. · hong kong (bloomberg) - jack ma was poised to become asias richest person with ant group s public offering. Regulators in shanghai and hong kong have suspended the highly. · the shanghai stock exchange suspended ant ’s listing after ma was called in for “supervisory interviews” by related agencies, it said in a statement tuesday. Instead his net worth has tumbled almost us$ 3 billion (s$4. 1 billion) and.
