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China Regulator Says Not Conducting Work on Ant IPO Revival

  • CSRC says it backs listings of qualified platform firms
  • Regulators in early stage talks on Ant, people familiar say
Bloomberg business news
WATCH: China’s regulator denied a report by Bloomberg that it was working to revive the IPO of Ant Group Co. Stephen Engle reports.Source: Bloomberg

China’s securities watchdog said it’s not conducting a review and research work on an Ant Group Co. initial public offering.

The China Securities Regulatory Commission issued a statement on Thursday in response to a Bloomberg report that regulators are holding early stage discussions on a revival of the fintech company’s listing. The CSRC added that it supports platform companies that meet qualifications to list in mainland China and overseas.