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> The IPO was a sensational draw for China’s retail investors who bid a record $3 trillion, equivalent to the entire annual economic output, for shares in the f
by conjectures 6y ago
> The IPO was a sensational draw for China’s retail investors who bid a record $3 trillion, equivalent to the entire annual economic output, for shares in the fintech giant.
:o that sounds quite frothy.
- gruez 6y agoYeah, for comparison Apple's valuation is 1.88T, compared to US's GDP of 20.8T.