> The IPO was a sensational draw for China’s retail investors who bid a record $3 trillion, equivalent to the entire annual economic output, for shares in the fintech giant.
Americans markets have been booming for the past 10 years, relatively robust and "policed", it also has something to do with the dollar dominance, so they kind of can take these bets?
But it's not the case for Chinese domestic markets.
:o that sounds quite frothy.