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

Monday, February 2, 2015 - 22:03

[HONG KONG] 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, Mr Ma told reporters: "I don't think so."

REUTERS

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