Shanghai (AFP) Nov 5, 2020
China's last-minute abandonment of Ant Group's record-breaking IPO stems from an intensifying battle for the soul of the nation's financial system that the fintech giant and its charismatic leader Jack Ma helped to ignite. Global markets were stunned Tuesday when Ant's record-breaking $34 billion IPO was abruptly shelved, frustrating investors eager for a piece of the fast-growing company.
Ant Group fiasco reflects battle for China's financial soul
Energy Daily
0 shares
1 views
You might like
Related news coverage
Ant Group IPO fiasco reflects battle for China's financial soul
China's last-minute abandonment of Ant Group's record-breaking IPO stems from an intensifying battle for the soul of the nation's..
Japan Today
Ant's IPO fiasco set to clip its wings, dent value
China’s surprise suspension of Ant Group’s record $37 billion listing is likely to delay rather than destroy its chances of a..
IndiaTimes