Because there are hundreds of financial levers in Ant Financial's business, if Ant Financial is successfully listed, this risk will eventually become a systemic risk. Once there is a problem with Ant Financial, it will cause super damage to the financial market and impact the whole financial market. Obviously, this ultra-high interest mode of operation is not accepted by the market, so it is also a reasonable result for Ant Financial to stop listing. Affected by this, platforms such as Alipay have also adjusted the online loan quota for young people and removed all Internet deposit products.

Ants stop listing mainly because:

1. Supervise interviews, mainly financial companies, and always supervise the money.

2. The late development of Ant Group has begun to be unfavorable to the stability of the market and the normal flow of funds.

3. The interest on flowers and loans is higher than that of banks.

Ant Technology Group Co., Ltd. (hereinafter referred to as "Ant Group") started from Alipay and was established in 2004. 20 13 March, Alipay's parent company announced that it would build a micro-finance service group with it as the main body, and micro-finance became the predecessor of Ant Financial. In July 2020, Ant Financial was officially renamed Ant Group.

With the vision of "making credit equal to wealth", Ant Group is committed to building an open ecosystem, helping financial institutions and partners to accelerate their March into internet plus and providing inclusive finance services for small and micro enterprises and individual consumers through the "Internet Propeller Plan". Relying on the mobile Internet, big data and cloud computing, we will practice inclusive finance's important practice in China. Its subsidiaries include Alipay, Yu 'ebao, Lucky Treasure, Ant Wealth, Online Merchant Bank, Ant Flower Garden and Sesame Credit. On June 3, 2020, the Shanghai Stock Exchange issued a decision to suspend the listing of Ant Group on the Science and Technology Innovation Board. On the same day, Ant Group announced that it would suspend listing on the Hong Kong Stock Exchange.

This is also by far the largest single private equity financing in the global Internet industry. After this financing, Ant Financial has a valuation of more than 60 billion US dollars. The new strategic investors in this round of financing include investment groups led by CIC Overseas and CCB Trust (a subsidiary of China Construction Bank), while many insurance companies including China Life Insurance, China Post Group (the parent company of Postal Savings Bank), CDB Finance and Chunhua Capital continue to invest.