March 8, 2021

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Revealed: Why China blocked Jack Ma’s Ant Group IPO

Sachin Gupta February 17, 2021 1 min read
When China late last year decided to pull the plug on Ant Group's $37-billion initial public offering (IPO), it was said to be in reaction to co-founder Jack Ma's criticism of the country's financial system....

When China late last year decided to pull the plug on Ant Group’s $37-billion initial public offering (IPO), it was said to be in reaction to co-founder Jack Ma’s criticism of the country’s financial system.

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