Days before Chinese fintech giant Ant Group was scheduled to go public in what would have been the world’s largest listing, regulators put plans on hold. WSJ’s Quentin Webb explains the sudden turn of events and what the IPO suspension means for Ant’s future. Photo: Aly Song/Reuters
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How Ant's Plans for a $34 Billion IPO Unraveled | WSJ
Search related to the topic How Ant's Plans for a $34 Billion IPO Unraveled | WSJ
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How Ant's Plans for a $34 Billion IPO Unraveled | WSJ
ant financial l?a d?o
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Actually, this is the best time for Joe Biden to urge the Chinese people to start a Civil War to topple the CCP. America can offer to lend military aid to the rebels or just begin an invasion of China. In return, the billionaires should donate some money to the US Army for their help. With China as a democratic and capitalist country, the people of USA and China can finally do business together properly and the people of China will be happier as they do not need to live under an oppressive government anymore.
why does an ant want to be a gi-ant?
How to Buy, Use, and Trade China’s Digital Yuan? — https://www.youtube.com/watch?v=Vux3ZbtZiE0
Kind of funny how as someone who doesn't speak Chinese, Jack Ma's tone seems SUPER harsh during that speech lol…particularly since he is super soft spoken when speaking English… in that speech it feels like he is almost aggressively yelling at the crowd lol (again, I don't speak Chinese so I have no idea if he was intending to be harsh or not)
In face of China's effort to eradicate poverty, allowing a monopolistic loan shark to go IPO and build up its pyramid scheme with the national banking system, is a slap to the entire Chinese nation. Well done China, for seeing what's developing and understanding the impact, and put a stop to it. This is the "socialistic" aspect of China showing its nature
Fake retirement!
Without government regulation, ANT can easily cost a financial crisis in Chinese financial system! Jack doesn't know anything about finance!
i jus bought alibaba stock cus i know they gona clean up ant biz model and redo the ipo again. plus the promising future of china.
U don’t challenge the party
:0 f
I think someone said the regulations contains anti-monopolistic behavior.
The regulator has absolutely done the right the thing.
The regulators are correct on this case. The Chinese bank cannot bear all the risk.
No wonder so many Chinese businessmen move to California and Canada
The first rule in business: Never provoke the Government!
I think the regulator is just worried about the potential of causing another financial crisis.
Jack Ma now like Khodorkovsky, and Alibaba like Chinese Yukos
Ant Group's IPO, halted by China (Another communist act !?)
https://youtu.be/6FxxZtJH-A0
Wait, so jack ma said that the financial industry should be better regulated, and then the chinese gov't stopped the ipo t implement better regulation on the financial industry, so what's the problem?
"Great innovation should not be regulated with yesterday's means"… so, he himself wanted new regulations.
Don’t forget China is communist country and don’t ignore the political risk of China
Thanks to the failed experience of Western countries, China has decided not to become a pre-consuming country which uses financial leverage to lift up the life and future of every young person.
Ant is doing ABS thing with much higher leverage. It is very very dangerous. It is absolutely correct to regulate the industry.
This screams the saying so well… It's not done until it's done.
News about china.
50 cent army: my time has come.
Why are there so many Chinese trolls in the comments?
Simple explanation: no Freddie Mac and Fannie Mae in China, this kind of game is not allowed to play.
jack ma not a sell out GG MY HOMIE
get squeezed out of market dumb old banks
HAHAHA
For students who want to talk about this news in their interview: https://youtu.be/MR__an97A-k :))
Great info but narration could add more emotions to it
Anyone putting money into a Chinese company is asking to be scammed by the CCP.
Biggest IPO? Huh $34 billion ? I thought Aramco was $2trillion . Can someone please explain to me I am confused? Or is the IPO saleable shares only a small part of the total market Cap of the company?
Thought this report is suppose to explain what happened? Results in the same not knowing anything, but speculating, along with some hate mongering against China.
Imagine you recieve $100,000 in inheritance. You diversify your investments from bitcoin to stocks,and commodities, etc, with a 10% monthly interest rate, and leave them there for 5 years. You may think that this will return 120% x 5 which equals 600% > $600k. But the real answer is 1750%> $1,700,000