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A comment on Xi Jinping personally halted Ant's IPO after Jack Ma snubbed government leaders. Parent comment

Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by franklampard on Friday November 13, 2020 @10:00PM (#25089931)
I don’t understand why it’s “bad for economics growth” to regulate Ant as if it is a bank.

In what world subprime lending is innovative and good for economy?

[ Parent | on HN ]
Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by refurb on Friday November 13, 2020 @10:13PM (#25089999)
It’s not bad. What’s bad is when (or at least it has the appearances) that business rules change based on political whims.

If Ant’s IPO had been stamped “not approved” a while back this wouldn’t have been anywhere as newsworthy.

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