• Home
  • Login
  • Register
The Central Bank Digital Currency Insider
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
SUBSCRIBE
No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
No Result
View All Result
The Central Bank Digital Currency Insider
No Result
View All Result

Inside the Chaotic Unraveling of Jack Ma’s $35 Billion IPO

by CBDC Insider
November 5, 2020
in Asia, Business
Reading Time: 1min read
0
Inside the Chaotic Unraveling of Jack Ma’s $35 Billion IPO
Share on FacebookShare on Twitter

The mid-level bureaucrats left China’s richest man waiting as they prepared for a meeting that would send shockwaves across the financial world.

It was Monday morning in Beijing, and Jack Ma had been summoned to a conference room at the China Securities Regulatory Commission just days before he was set to take Ant Group Co. public in the biggest stock-market debut of all time.

When the bureaucrats finally turned up, they skipped over pleasantries and delivered an ominous message: Ant’s days of relaxed government oversight and minimal capital requirements were over. The meeting ended without a discussion of Ant’s IPO, but it was a sign that things might not go as planned.

RELATED STORIES

Taiwan’s CBDC Project Needs At Least Two More Years, Says Central Bank Governor

Taiwan’s CBDC Project Needs At Least Two More Years, Says Central Bank Governor

June 30, 2022
Montran and eCurrency Announce the Very First CBDC Solution

Montran and eCurrency Announce the Very First CBDC Solution

June 30, 2022

Read more: https://www.bloomberg.com/amp/news/articles/2020-11-05/inside-the-chaotic-unraveling-of-jack-ma-s-35-billion-ant-ipo

Previous Post

Cryptocurrency Trading in Nigeria – Profitable or Scam?

Next Post

Brazil Have Digital Version of Real, Confirms Minister Paulo Guedes

Next Post
Brazil Have Digital Version of Real, Confirms Minister Paulo Guedes

Brazil Have Digital Version of Real, Confirms Minister Paulo Guedes

© 2022 CBDC Insider

No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
  • Login
  • Register