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Alibaba's Jack Ma says IPO of Ant Financial unlikely in 2015
February 2, 2015 / 1:56 PM / 3 years ago

Alibaba's Jack Ma says IPO of Ant Financial unlikely in 2015

HONG KONG, Feb 2 (Reuters) - Jack Ma, chairman of Chinese e-commerce giant Alibaba Group Holding, said on Monday he hoped the company’s financial affiliate would list in Asia but the exact timing and location were unknown.

Asked if a listing were possible this year for Zhejiang Ant Small & Micro Financial Services Group, which runs the Alipay online payment platform, Ma told reporters: “I don’t think so.” (Reporting by Yimou Lee; Writing by John Ruwitch in Shanghai. Editing by Jane Merriman)

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