Business

China opens door to Ant Group's stock market debut

January 28, 2021 8:00 am

Billionaire founder of e-commerce giant Alibaba Jack Ma. [Sorce: BBC]

China’s central bank governor has signalled that the door remains open for Ant Group’s stock market debut.

Ant, backed by billionaire founder of e-commerce giant Alibaba Jack Ma, was set to list its shares in November.

Regulators suspended the listing and the People’s Bank of China later ordered a major shake-up at Alibaba.

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Questions also grew about Mr Ma’s whereabouts, after he missed a television engagement earlier this month.