China has suspended the listing of Ant Group, which was set to become the world’s largest IPO. The ripple effects of the cancelled IPO are many — and mostly worrying. “The message is that no big private businessman will be tolerated on the mainland,” Zhiwu Chen, director of the Asia Global Institute, tells the Financial Times.
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Interviewee
Chair Professor of Finance, the University of Hong Kong
Room 326-348, Main Building
The University of Hong Kong
Pokfulam, Hong Kong