Bloomberg

Ant tells staff it will find solution for unsellable shares

Employees walk through the campus of the Ant Group Cheadquarters in Hangzhou, China, on Jan. 20, 2021. Foto: Bloomberg/Qilai Shen

Ant Group told employees it would eventually go public and promised to help those who need to monetize their shares sooner, seeking to boost morale four months after Chinese regulators torpedoed the fintech giant's blockbuster listing.

A "short-term liquidity solution" for employees will take effect in April, Ant Chairman Eric Jing said in a recent posting on the company's internal website, according to people familiar with the matter...

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