China stuns market by halting Ant IPO at the eleventh hour

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

China stuns market by halting Ant IPO at the eleventh hour

Alipay_575px_adobe_5Nov20
CHIANG MAI, THAILAND - JULY 09, 2018 : A man holding Phone with Alipay logo, Alipay is application from china. | itchaznong - stock.adobe.com

The Shanghai Stock Exchange stunned the market on Tuesday by halting Ant Group’s $34bn IPO, set to be the largest listing in history, just two days before the company’s planned stock market debut. The extraordinary move is expected to delay the listing by at least six months. It will also force investors to revalue the company, write Jonathan Breen and Addison Gong.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article