The Ant Group Co mascot is displayed at the company's headquarters in Hangzhou, Jiangsu province, on Sept 28, 2020. - Bloomberg
HONG KONG (Bloomberg): Ant Group Co. could resume its plans for an initial public offering once problems are resolved, China’s central bank chief said, offering some relief to global investors seeking signs on what the future holds for the world’s largest fintech giant.
People’s Bank of China Governor Yi Gang said relevant agencies are still investigating issues related to monopolies at billionaire Jack Ma’s Ant Group, adding that the matters were “complicated” and some risks concerned consumer privacy.
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