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I don't understand why they didn't list Ant at the NYSE in the first place, were they pressured to list it in Shanghai?
by vincentmarle 6y ago
I don't understand why they didn't list Ant at the NYSE in the first place, were they pressured to list it in Shanghai?
- echelon 6y agoI'll bet Jack Ma wishes it had been listed at the NYSE now. I'll bet future Chinese companies will be asking themselves same question.
- eunos 6y agoAnd got hit by Trump or his successor?
- FooBarWidget 6y agoJust a couple of weeks ago people were worrying about Ant being a "national security threat", and you ask why they'd rather IPO in Shanghai than in a country that sees them as a threat?
- bigpumpkin 6y agoThis is why: https://www.reuters.com/article/usa-antfinancial-ipo/u-s-should-try-to-delay-ipo-of-chinas-ant-group-senator-rubio-says-idUSKBN26V03U https://www.reuters.com/article/usa-antfinancial-ipo/u-s-sho...
- sfifs 6y agoBecause given the regulation has been in the works and they knew it, they probably would have to have state this precise risk in their IPO documents for fear of being sued and big investors might have balked?
- tuberelay 6y agoChina only farms out the scammy companies to US exchanges. Luckin coffee, TAL education, iqiyi