U.S. State Department submits application to add Ant Group to trade blacklist: Reuters

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The U.S. State Department has submitted an application to put the Ant Group on a trade blacklist. Ant is planning an IPO in Hong Kong and Shanghai as soon as the end of October. This news comes as tech companies are increasing becoming caught between U.S.-China affairs. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

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