China's Ant seeks to ease employees' concerns about selling of company shares.

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China's Ant Group is taking measures to help employees with "short-term liquidity problems," the slot xo chief executive said in an internal message after the halt of the $ 37 billion fintech giant's IPO, raising hopes of "short-term liquidity problems". Will be paid in stocks The list of subsidiaries of Chinese e-commerce giant Alibaba Group Holding last November will turn some of its employees into millionaires or billionaires.Eric Jing told Ant employees last week that the company will review its employee incentive program and issue some measures starting in April to help resolve their financial problems, according to two people who had seen the message.

Recently, some Ant employees expressed frustration on social media for failing to sell shares of the companies they own after Chinese regulators abruptly ceased listing Ant's counterpart, which. Was slated to be the world's largest company in November.Jing, commented in response to employee questions about Ant's future on the company's internal website, said people who declined to be named because they were not authorized to speak to the media.The company's employee share repurchase program has been discontinued since July last year due to a planned initial public offering, one of the people said, giving them the opportunity to generate income from their holdings.Ant declined to comment.

The Wall Street Journal first reported the news.Our company will definitely become a public company, and I am always very confident about it," Jing was quoted by people in an internal message, "Our preparation will never stop.Ant is planning to switch to a financial holding company structure in line with intense regulatory pressures and control some operations and subject to similar rules and capital requirements as banks.However, the group's overall business structure means the company can complete an IPO within two years, Reuters reported.

This fix will not weaken Ant, but will make us healthier with greater growth," Jing said, without disclosing details of the restructuring plan.