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cover of episode The unravelling of the Ant IPO

The unravelling of the Ant IPO

2020/11/18
logo of podcast Behind the Money

Behind the Money

Shownotes Transcript

The IPO of Jack Ma's Ant Group would have been the largest in history: it was expected to raise $37bn at a valuation of $316bn. But just days before the stock market listing, China called it off. The FT's Ryan McMorrow and Hudson Lockett report on what led to Beijing pulling the plug, and what it means for China's private sector. Further reading: 'The party is pushing back': why Beijing reined in Jack Ma and Ant).

Review clips: Reuters, World Economic Forum, CNA, Bloomberg, Yahoo Finance. Hosted on Acast. See acast.com/privacy) for more information.