EXCLUSIVE: China's central leadership has given a tentative green light to Jack Ma's Ant Group to revive its initial public offering plans in both Shanghai and Hong Kong, two sources told Reuters
, aims to file the preliminary prospectus for the offering as soon as next month, said the sources, declining to be named due to the sensitivity of the matter.
Neither the CSRC nor China's State Council Information Office, which handles media queries for central leaders, immediately responded to Reuters' request for comment. Bloomberg reported earlier on Thursday that Chinese financial regulators had started early stage talks on a potential revival of the stock market debut. It did not mention the possible listing venues or the timeline.The regulator had established a team to reassess the share sale plans of the fintech giant, which is controlled by Ma, Bloomberg reported.