China Tells Ant It Must Meet New Capital Requirements Before IPO
The Ant Group logo and the Alibaba Group logo are displayed behind a reception desk in Hangzhou, China. (Photographer: Qilai Shen/Bloomberg)

China Tells Ant It Must Meet New Capital Requirements Before IPO

Bookmark
(Bloomberg) -- Chinese regulators have told Ant Group Co. it can’t proceed with an initial public offering until after it complies with new capital requirements and other restrictions imposed on th...