Financial News
Written by: Zhang Weilun
2020-12-10 19:35
Last update date: 2020-12-10 19:36
Alibaba (9988)'s Ant Group finally shelved its listing, which taught global investors quite a surprise.
Unexpectedly, a lawsuit was triggered indirectly for the incident.
An investor filed a lawsuit against a fund, asset management company, and two related parties yesterday, alleging that he paid 320 million yuan to the fund and asset management company on October 23 this year to subscribe for new shares of Ant; but after Ant shelved its listing , The other party did not return the payment, and pointed out that the funds had been used to purchase 3.8 million old ant shares, so it filed a request for the return of the 320 million yuan and the period interest.
The filing indicated that the plaintiff was Zheng Shaohui, and the four defendants were Swenson Global Opportunities Funds SPC, Xuancheng Asset Management, Chen Shirong and Xian Jianhang.
The filing stated that Zheng Shaohui reached an oral agreement with Xuancheng Asset Management and Fund on October 20, and formally signed Xieyi on October 23 to pay 320 million yuan for the subscription of new shares of Ant.
However, after Ant shelved its listing, it said that the funds had been used to purchase 3.8 million old shares of Ant.
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