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

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

All about Ant group, the next Big Tech IPO

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