News Formal

China's Alibaba says it will not join Ant Group share buyback

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

BEIJING : China's Alibaba Group said on Sunday it had decided not to participate in a proposed repurchase of shares by affiliate Ant Group, but would maintain its shareholding in the company.Ant Group announced a surprise share buyback of up to 7.6 per cent of its equity interest earlier this month.

We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.Upgraded but still having issues?.

We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.Upgraded but still having issues?
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China to rate sponsor institutions' performance in assisting listed firmsHONG KONG : China's two main bourses on Friday issued guidelines for rating the performances of sponsor institutions such as brokerages who help firms list on the exchanges, as part of efforts to battle capital market fraud.Sponsors would be assessed by the 'quality' of listed firms they assisted, such as
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »