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NDRC Approves Ant Group to Acquire Bright Smart Securities
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NDRC Approves Ant Group to Acquire Bright Smart Securities
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executive summary
Shanghai Stock Exchange has made public Ant Group's reply to the exchange's first round of enquires, involving 21 questions from six major aspects, touching the issuer’s equity structure and the background of directors and supervisors, the issuer’s business, corporate governance and independence, financial accounting information and management analysis, major event reminders and risk factors.
Learning Objectives:
1. Explain why SSE ask those 21 questions
2. How does Ant Group reply
3. What is the significance of those concerns for investors?
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key point
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