We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Bears, pegged

24 September 2020 By Jennifer Hughes

Appetite for the fintech titan’s mega-IPO has strengthened the currency and triggered intervention. Inflows to bid for and buy shares could exceed $100 bln. The city can handle the volume, but a long line of stock sales creates fresh headaches for doomsayers like hedgie Kyle Bass.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)