Chinese financial tech giant Ant Group today filed for what could become the largest initial public offering of all time, with plans to list in Hong Kong and Shanghai.
Axios Re:Cap digs into why this deal is as much about geopolitics as it is about stocks, and why New York got left behind.
Illustration: Aïda Amer/Axios
All significant merger-and-acquisition transactions require regulatory approval — and a new regulator just got to town.
Why it matters: We're in a tit-for-tat trade war, which means that any action the U.S. takes against China is going to be reciprocated by a similar action taken by China against America. That includes regulatory actions.
Illustration: Sarah Grillo/Axios
Louisville on Wednesday. Photo: Jon Cherry/Getty Images
Rarely have national security officials, governors, tech CEOs and activists agreed as broadly and fervently as they do about the possibility of historic civil unrest in America.
Why it matters: The ingredients are clear for all to see — epic fights over racism, abortion, elections, the virus and policing, stirred by misinformation and calls to action on social media, at a time of stress over the pandemic.