When China’s richest man Jack Ma took on the country’s financial watchdogs late last month, he knew it was risky and that there could be repercussions.
It was a bold but baffling move to say the least, with less than two weeks to go before his fintech giant Ant Group’s US$37 billion (S$50 billion) initial public offering (IPO) – the world’s largest stock market debut.
Please subscribe or log in to continue reading the full article.
Get unlimited access to all stories at $0.99/month
- Latest headlines and exclusive stories
- In-depth analyses and award-winning multimedia content
- Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*
*Terms and conditions apply.
Source: Read Full Article