Alibaba refrains from quantifying impact of Ant Group’s suspended IPO
Alibaba says that Ant Group’s business prospects and IPO plans are subject to substantial uncertainties.
Alibaba says that Ant Group’s business prospects and IPO plans are subject to substantial uncertainties.
Another securities fraud lawsuit was launched against Alibaba over its alleged misleading statements about Ant Group.
Investors accuse Alibaba of failing to disclose that Ant Group did not meet listing qualifications.