Ant IPO Stopped By President Xi As Rebuke To Gov't Criticism
PYMNTS
NOVEMBER 12, 2020
Chinese President Xi Jinping reportedly personally nixed the Ant Group double initial public offering (IPO), which had been set to be the biggest in the world, The Wall Street Journal (WSJ) reported. 24, Ma quoted Xi in a speech, saying "Success does not have to come from me," WSJ reported.
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