China Suspends Alibaba’s $37 Billion ANT IPO
Investor’s Business Daily – Alibaba’s ANT Group IPO was abruptly halted by Chinese regulators ahead of its debut on the Shanghai and Hong Kong markets. Brendan Ahern, Chief Investment Officer at KraneShares, discusses the latest news on Jack Ma and the financial tech company.
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Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. The firm is focused on providing investors with strategies to capture China’s importance as an essential element of a well-designed investment portfolio. KraneShares ETFs represent innovative, first to market strategies that have been developed based on the firm and its partners’ deep knowledge of investing. These strategies allow investors to stay current on global market trends and provide meaningful diversification. Krane Funds Advisors, LLC is majority owned by China International Capital Corporation (CICC).
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