WASHINGTON—The U.S. government may soon blacklist a Chinese financial technology firm tied to the Chinese regime, ahead of its initial public offering (IPO), which is poised to be the world’s largest stock listing.
The Trump administration reportedly is considering putting Ant Technology Group on a trade blacklist known as the “Entity List” due to national security concerns. The move would restrict U.S. companies from doing business with the Chinese fintech giant, which is the parent company of China’s largest digital payment platform, Alipay.
