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Ant Group - IPO (Suspended - Nov 3)

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  1. #101

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    Quote Originally Posted by Kowloon72:
    Some context though - Each of those stocks has probably (Xiaomi for sure) gained more in market cap individually YTD than they lost in the last 10 days since the reg announcements.
    Who says they are done losing?

  2. #102

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    Quote Originally Posted by mrgoodkat:
    Who says they are done losing?
    Did someone say that?

  3. #103

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    Quote Originally Posted by shri:
    BUT... they might have not lost what they lost in the last 10 days IF...
    Ah we could play this game all day though.

    But they might not have gained what gained in the past 10 months if...

  4. #104

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    Back to Ant ....

    I don't think there is anything new in the WSJ article linked from this twitter thread... but does seem like an accurate and plausible scenario.

    https://threadreaderapp.com/thread/1...665122823.html


  5. #105

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    Another take on Xi personally stopping Ant group's IPO, apparently he was enraged by Ma's comments criticizing the regulators and wants to show Ma who's boss. By his action, it also goes to show China will never reach the competitive level of Western firms. In his zeal to treat anyone or anything that is not under the CCP as a threat, it will diminish and ultimately retard China's growth and innovation:

    https://markets.businessinsider.com/...-11-1029800224

    aw451 likes this.

  6. #106

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    Quote Originally Posted by Coolboy:
    By his action, it also goes to show China will never reach the competitive level of Western firms.
    The competitive level of the west, where a handful of companies account for more than 10% of market capitalisation and Apple top-ticked the entire market worth of all UK listed companies in the UK last year?

    China is trying something different, going after a more baord-based competition model. It seems unlikely they can pull it off, but it's good to see experimentation, while regulators in the west stand on the sidelines arguing.

  7. #107

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    Quote Originally Posted by GentleGeorge:
    The competitive level of the west, where a handful of companies account for more than 10% of market capitalisation and Apple top-ticked the entire market worth of all UK listed companies in the UK last year?

    China is trying something different, going after a more baord-based competition model. It seems unlikely they can pull it off, but it's good to see experimentation, while regulators in the west stand on the sidelines arguing.
    Umm...apparently you didn't catch the US going after Google and the EU going after Google as well for anti-trust issues?

  8. #108

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    Quote Originally Posted by Coolboy:
    Umm...apparently you didn't catch the US going after Google and the EU going after Google as well for anti-trust issues?
    In about the most tame way possible!

    Believe it when you see it. Biden couldn't be teddy Roosevelt if he wanted to be with the split Congress, and Europe is a lame duck.

  9. #109

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    Quote Originally Posted by GentleGeorge:
    In about the most tame way possible!

    Believe it when you see it. Biden couldn't be teddy Roosevelt if he wanted to be with the split Congress, and Europe is a lame duck.
    Why don't we wait and see before you pronounce the results already?

  10. #110

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    Quote Originally Posted by Coolboy:
    Why don't we wait and see before you pronounce the results already?
    That is rather what "believe it when you see it" means...