Spun-off from Jack Ma’s Alibaba Group, Ant Financial’s IPO has been the poster child of China’s post-coronavirus economic recovery. Retail investors alone splurged almost $3 trillion in "frenzied bids" for shares.Explainer | Why the record-breaking Ant Financial IPO was cancelled two days before launch
Spun-off from Jack Ma’s Alibaba Group, Ant Financial’s IPO has been the poster child of China’s post-coronavirus economic recovery. Retail investors alone splurged almost $3 trillion in "frenzied bids" for shares.
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