Jack Ma was summoned to a meeting with Chinese regulators last week. Photo montage: AFP, Asia Times
Chinese regulators postponed what would have been the world’s biggest-ever initial public offering of  Ant Group in the Hong Kong and Shanghai stock markets, due to “some significant changes in financial technology regulations” in China. The surprise last-minute move reflects the Chinese government’s trepidation about betting the country’s financial future on a single entrepreneur, Alibaba’s […]