Tag: Fidelty Investments
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Fidelity, BlackRock Cut The Valuation Of FinTech Giant Ant!
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Fintech giant Ant Group Co.’s valuation has been lowered again by global investors who bought private shares ahead of its suspended initial public offering. According to Bloomberg, Fidelity Investments lowered its estimate for Ant to $70 billion in late May. That’s down from $78 billion last June, and $235 billion…