BEIJING: Beijing has rebuffed reports it has started discussions on the potential revival of an initial public offering (IPO) for financial giant Ant Group after the bumper listing was scuttled in a crackdown on China's technology sector.
The record-breaking share offering by Alibaba's digital payments affiliate was pulled at the last minute in 2020 and the company was later hit with a $2.75-billion fine over alleged unfair trading practices.
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