Ant Group's dual listing in Shanghai and Hong Kong on November 5 has been suspended. Ant Group said in a stock exchange filing that it was notified by the relevant regulators in the mainland today that its proposed A Share listing on the STAR Market is suspended as the company may not meet listing qualifications or disclosure requirements due to material matters relating to the regulatory interview of its ultimate controller, executive chairman and chief executive officer by the relevant regulators and the recent changes in the Fintech regulatory environment. Consequently, the concurrent proposed H Share listing on the Main Board of The Stock Exchange of Hong Kong shall also be suspended.

Source: The Standard November 03, 2020 13:41 UTC