Re:Shanghai stock exchange suspends Ant Group's A-share IPO
by dtwest on Tuesday November 03, 2020 @11:18AM
(#24980961)
No, that's not what I think.
In Ant's case, it is the unexpected nature of the action and lack of transparency that I see as damaging. Not necessarily the action itself. I'm still trying to learn what is going on and why, I haven't made a judgement on the action itself.
It's not, a healthy market need to curtail monopolies. Granted, it's no longer early 20th century and you can't just break them up like Standard Oil because that doesn't make any sense, but regulations are sorely needed across the pond.