Alibaba's Jack Ma says IPO of Ant Financial unlikely in 2015

02/02/2015 - 14:58

HONG KONG (Reuters) - Jack Ma, chairman of Chinese e-commerce giant Alibaba Group Holding , said on Monday he hoped the company's financial affiliate would list in Asia but the exact timing and location were unknown.

Asked if a listing were possible this year for Zhejiang Ant Small & Micro Financial Services Group, which runs the Alipay online payment platform, Ma told reporters: "I don't think so."

(Reporting by Yimou Lee; Writing by John Ruwitch in Shanghai. Editing by Jane Merriman)