JOKE! China SHOCKER! Retail investors horrified as government halts Jack Ma led Ant Group IPO
Mom-and-pop investors who put in bids worth a record $3 trillion in China`s Ant group - equivalent to Britain`s annual economic output - were stunned after regulators abruptly suspended what would have been the world`s largest stock market debut. China blocked the fintech giant`s $37 billion listing on Tuesday, thwarting its debut in Hong Kong and Shanghai scheduled for Thursday and dealing a severe blow to the company founded by billionaire and Alibaba co-founder Jack Ma.
Investors who put in bids worth a record $3 trillion in Jack Ma led Ant group-equal to UK annual economic output-were stunned after China abruptly suspended what would have been the world's largest stock market debut. Reuters