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Can China's Government Allow Ant to Go Public?
It still remains to be seen, Julia, whether or not China's government will give and the ability to actually go public anytime soon. The broader question though is in an environment like this, we had just a miserable year for IPOs and new stock listings in 2022. I think Ant, even if they had the regulatory approval, they probably wouldn't want to go public until we see other large global unicorns try and test those waters first.