Ant Group Co. Chairman Eric Jing has emerged contrite and apologetic from the collapse of the fintech giant’s $35 billion initial public offering.
The company is “looking into the mirror, finding out our shortcomings, and conducting a body check-up,” Jing said in a speech at the 4th China Internet Finance Forum on Tuesday. Ant is striving to “properly manage” issues related to the suspension of the IPO, he said.