IPO of Ant Financial may be pushed back to 2019

17 May 2017

The planned IPO by Alibaba’s (NYSE: BABA) fintech affiliate Ant Financial has been put on hold until at the least the end of 2018, and even 2019, according to the Financial Times. The move is being held up by the Chinese government, which has to approve all foreign listings of Chinese payments companies.

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Tom Marling

Tom is a PhD candidate in Chinese History at Hong Kong Baptist University, and former PR consultant in Mainland China. He joined the AIM Group in 2016 as a writer/analyst.