 "The logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China")
Jack Ma’s Ant Group has a narrow window to make its much-anticipated market debut ahead of US election turbulence. Now its bankers must grapple with any potential delays stemming from a debate in Washington over restrictions on the payments behemoth.
Discussions over how and whether to restrict Ant — as well as Tencent Holdings Ltd’s payments systems — have accelerated among senior US officials in recent weeks though a decision isn’t imminent, Bloomberg reported.
They come as Ant is expected to raise about $35 billion from simultaneous initial public offerings in Shanghai and Hong Kong as early as this month. China’s biggest
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