Alibaba’s Ant Group Accepts Fine, Could An IPO Be Next, Week in Review

Week in Review Friday’s Key News Asian equities ended a down week lower in advance of US employment data this morning. This morning, US pre-market open, Reuters reported that the PBOC fined Ant Group $984 million (RMB 7.12 billion). Ant’s pulled IPO was due to their IPO prospectus not incorporating the effect of the soon-to-be-released regulation … Continue reading Alibaba’s Ant Group Accepts Fine, Could An IPO Be Next, Week in Review