Shares of Alibaba were heading lower on Thursday after Jack Ma’s Ant Group and regulator squash talks of a revived IPO. The stock dropped 8% after its financial affiliate Ant Group said there were currently no plans to revive a public listing. Additionally, a key regulator said it had not conducted an evaluation on a … Continue reading “Alibaba Shares Plummet After Revived IPO Talks Get Squashed”
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