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Wednesday, 18 November 2020

Biggest IPO flop ever?

What led to Ant Group’s IPO flop? The Financial Times has this handy explainer on what it is calling “the biggest misstep for capital markets of 2020” — the USD 37 bn record-breaking Ant IPO that became a non-starter after Chinese regulators pulled the plug on the offering the day before it was set to go to market (watch, runtime 3:45).

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