Ant Group Refunds $2.8T to Shanghai Investors after IPO Suspension

Ant Group on the evening of Nov. 5, Beijing local time, announced to officially start to refund the $2.8 trillion on Nov. 6 to Shanghai investors who had previously bid for its record-smashing but recently halted IPO on the STAR Market.  As of Tuesday, both Shanghai Stock Exchange (SSE) and Hong Kong Stock Exchange (HKEX)…Continue Reading