Ant IPO Could Resume Once Issues Resolved, Central Bank Says

  • Chinese regulators are still probing monopoly issues at Ant
  • PBOC governor said risks on consumer privacy need to be fixed
Watch: Ant Group Co. Ltd.’s collapsed IPO was the stock upset of 2020, but the PBOC now says the plans may be revived. (Source: Bloomberg)
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Ant Group Co. could resume its plans for an initial public offering once problems are resolved, China’s central bank chief said, offering some relief to global investors seeking signs on what the future holds for the world’s largest fintech giant.