“Could it be that Ant is too profitable and is now being targeted? Ant is raising at least $34.5 billion in an IPO that attracted more than $3 trillion of retail orders. Meanwhile, regional banks are still in the doghouse..” writes @shuli_ren

If China is serious about financial innovation, “inclusive financing” let the man who pioneered the business and made billions along the way share his experiences and thoughts. If Ma says systemic risk is not China’s Achilles’ heel, hear him out...He may know a thing or two.

Read it here: https://www.bloomberg.com/opinion/articles/2020-11-03/jack-ma-s-blunt-china-bank-talk-cost-ant-its-35-billion-ipo

And then don’t miss this from @tculpan on how Ant could rise from its IPO ashes like the patriotic fintech phoenix that Beijing ultimately wants

https://www.bloomberg.com/opinion/articles/2020-11-04/ant-will-rise-from-ipo-ashes-but-alibaba-s-jack-ma-needs-to-exit

All your Ant reading.