On October 24, 2020, just before the anticipated IPO of Ant Financial—the largest IPO in human history—Jack Ma delivered a speech at the second Bund Finance Summit, primarily sharing his views on financial innovation, regulation, and credit systems. Shortly after the speech, Ant Financial’s planned IPO, valued at up to $300 billion (approximately 2.1 trillion RMB), was abruptly halted, becoming the largest IPO event in global history at the time. https://t.co/cqGh7GcHYt

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