Not related to Indian markets but think this is really interesting development and haven’t seen like this ever before. Just days before it’s listing of world’s biggest IPO, Shanghai and Hong Kong exchange have suspended listing of Ant IPO. OUCH!!!
Was waiting for something on this bit from Finshots!!!
So… Just because Jack Ma publically criticized Chinese financial and regulatory system they decided to shun the BIGGEST IPO EVER. CRAZY!!!
There will sure be more to it, but it is surprising nonetheless. "Gone from the deal of the century to the shock of the century”