China's fintech giant Ant Group has no plan to initiate an initial public offering (IPO), it said on Sunday in an emailed statement.

World Business Watch: Ant Group says no plan to launch IPO

Chinese billionaire Jack Ma previously possessed more than 50 per cent of voting rights at Ant. Now, after the changes, his share will fall to 6.2 per cent. Watch this video to know more.

Chinese billionaire Jack Ma to give up control of Ant Group

Chinese billionaire Jack Ma to cede control of Ant Group after regulatory crackdown: Report

One year since Jack Ma's speech, Alibaba has lost $344 billion: Report

China expands crackdown on Jack Ma's empire with forced revamp of Ant Group

China planning to draft regulation for e-commerce platforms: Report

A report has revealed that Jack Ma's Ant Group IPO was blocked after it emerged that 'well connected Chinese Power players' could earn billions from it. This allegedly includes political families that represent a potential challenge to Xi Jinping. WION's Palki Sharma has more.

Gravitas: What killed Jack Ma's IPO? Political threats

Under pressure from China, Jack Ma's Alibaba Group to shut down its music streaming app

How Chinese President Xi Jinping scuttled Jack Ma's Ant group IPO

China financial regulators urges Ant Group to set 'rectification' plan swiftly

Ant Group's IPO fiasco culmination of escalating rivalry between Jack Ma and China's Communist Party

Alibaba's shares hit hard following shocking suspension of Ant Group's IPO

All about Ant group, the next Big Tech IPO

China's ANT Group is set to raise more than $34bn after setting the price of shares in its initial public offering, putting the Chinese payments group on track to top Saudi Aramco as the biggest-ever market listing.

ANT Group to raise more than $34bn in record market debut

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