Chinese fintech giant Ant Group filed for initial public offerings in Hong Kong and Shanghai on Tuesday in what may become the largest IPO in history. The company will issue at least 10% in new shares in the IPO, which Bloomberg estimates will raise close to $30 billion. In its Hong ...
HONG KONG (AP) — Ant Group, the financial technology arm of Chinese e-commerce giant Alibaba Group, on Tuesday filed for a dual listing in Hong Kong and Shanghai, in what may be the largest share offering since the coronavirus pandemic began. The initial public offering will be the...
The IPO would be the first simultaneous listing in Hong Kong and the Nasdaq-style STAR Market in Shanghai. The listing eclipses the record set by Saudi Aramco's $29.4 billion float last December and the $25 billion raised in 2014 by its former parent Alibaba ...
Digital business correspondent P.S. Did someone forward this to you?Sign up here China's Ant Group has set a price of $10.27 per share, according to an exchange filing for its expected IPO. Ant Group plans to sell 1.67 billion shares in the Shanghai float, which is se...
Ant Group will raise $34.5B in its dual Shanghai and Hong Kong IPOs, valuing it at $313.37B, making it the biggest listing of all time — - Ant Group will raise $34.5 billion in its dual initial public offering (IPO) after setting the price for its shares on Monday, making it the...
Ant Group, Alibaba’s fintech affiliate and operator of Alipay, one of China’s leading finance apps, is hard at work building Asia’s payments infrastructure. Now, a tourist or businessperson traveling around the region doesn’t need to download a whole
Ant is the financial affiliate of e-commerce giant Alibaba Group, which owns 33%. It operates mobile payment app Alipay and was valued at over $300 billion in mid-2020 before an IPO that pulled due to regulatory concerns. Han joined Alipay in 2014 where he ...
Ant IPO Review Current View on Timing of Ant Group’s IPO My childhood was spent in New Canaan, CT, where we were taught at an early age in youth sports that “if you mess with the Rams, you get the horns.” I spent last night annoying our broker friends in Hong Kong. The optimis...
Ant Group's potentially record-sized IPO could propel technology capital-raising in 2020 past the dizzying heights of the dotcom bubble.
Ant Group IPO set for further delay as Jack Ma plans to give up control Founder’s decision to retreat from Chinese fintech giant will push back planned float by at least a year July 19 2022 The Future of Money Ant Group expands global ambitions despite troubles at homePremiumcontent ...