No timetable set for Ant Financial listing

Speculation swirls that internet finance giant to stall IPO to regain market share

Ant Financial Services Group said on Tuesday it has no timetable for an initial public offering, amid speculation that the internet financial giant is stalling a planned flotation to improve its performance and regain market share.

"We do not set a concrete timeline for the IPO," said the company in a text reply to China Daily.