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Today we do a deep dive into one specific topic, Alibaba's Ant Group and how it's being crushed by Chinese gov and recent regulations. What was supposed to be the world's biggest IPO was put off, but the story didn't stop there. China's gov has initiated a monopolistic probe into Alibaba's Ant Group, and begun to mandate the company to divest, furthermore China's gov is tightening regulations on their loans and other fintech activities.
All this and a little more on the background of Ant Group and why it was so valuable in the first place.
Today we do a deep dive into one specific topic, Alibaba's Ant Group and how it's being crushed by Chinese gov and recent regulations. What was supposed to be the world's biggest IPO was put off, but the story didn't stop there. China's gov has initiated a monopolistic probe into Alibaba's Ant Group, and begun to mandate the company to divest, furthermore China's gov is tightening regulations on their loans and other fintech activities.
All this and a little more on the background of Ant Group and why it was so valuable in the first place.