These jumps may seem like a paradox, as Ma’s near disappearance from public view is not exactly encouraging for Chinese entrepreneurs or foreign investors. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday. However, as we have explored recently in a different context (Coinbase’s post-settlement stock bump), markets hate uncertainty — and Ma’s downfall had been lingering way too long for their taste. As you may recall, things turned sour for Ant Group two years ago, when its IPO plans were cut short by Chinese regulators. What followed was a long period of turmoil not only for Ant, but also for its founder and Chinese fintech as a whole.
Are Arm and Ant Group’s derailed exits back on track? by Anna Heim originally published on TechCrunch