EPISODE · Nov 18, 2020 · 18 MIN
The unravelling of the Ant IPO
from Behind the Money
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.
What this episode covers
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.
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The unravelling of the Ant IPO
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