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Ant’s IPO Suspension Shows It’s Too Big To Fail Now — Ye Xie

Summary:
The Chinese regulators seem to be on the right side of this one, but they should have stepped it sooner. But better late than never. The concept of banking needs to be extended to fintech.Zero HedgeAnt's IPO Suspension Shows It's Too Big To Fail NowYe Xie, Bloomberg macro commentator and analyst

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The Chinese regulators seem to be on the right side of this one, but they should have stepped it sooner. But better late than never. The concept of banking needs to be extended to fintech.

Zero Hedge
Ant's IPO Suspension Shows It's Too Big To Fail Now
Ye Xie, Bloomberg macro commentator and analyst

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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