How billionaire Jack Ma fell to earth and took Ant’s mega IPO with him – Bangkok Post

HONG KONG: They say talk is cheap. Tell that to Jack Ma.
Corporate China’s shiniest star was just days away from seeing his Ant Group list on the stock market in a record US$37 billion deal, when he chose to launch a blistering public attack on the country’s financial watchdogs and banks.
The regulatory system was stifling innovation and must be reformed to fuel growth, billionaire Ma told a summit in Shanghai on Oct 24 attended by the great and the good of China’s financial, regulatory and political…

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