, Columnist
The Speech That Sunk the World's Biggest IPO
Jack Ma had some eyebrow-raising words for Chinese regulators, but they should probably be listening to him instead of dressing him down.
Maybe he’s not wrong.
Photographer: David Paul Morris/Bloomberg
This article is for subscribers only.
Jack Ma is a very busy man.
China’s richest man has been busy trying to launch the world’s biggest IPO. He has been busy preparing for Alibaba Group Holding Ltd.’s grandest four-day Double Eleven shopping extravaganza. And yet two weeks ago, Ma somehow found the time to opine on China’s banking system at a high-profile financial forum in Shanghai, once again throwing himself into the eye of the storm.