When did billionaire Jack Ma criticise Chinese govt and what did he say?
Billionaire Jack Ma criticised Chinese regulators in October 2020, called Chinese banks "pawn shops" and said China's biggest risk is that it "lacks financial ecosystem". Days later, $35-billion IPO of his Ant Group on the Hong Kong and Shanghai exchanges, set to be the world's biggest, was halted by regulators. They ordered Ant Group to return to its 'payments origin'.