Home United States USA — China Alibaba’s Ant Group files for IPO in Hong Kong, Shanghai HONG

Alibaba’s Ant Group files for IPO in Hong Kong, Shanghai HONG

341
0
SHARE

Hong Kong: Ant Group, the financial technology arm of Chinese e-commerce giant Alibaba Group, on Tuesday filed for a dual listing in Hong Kong and
Hong Kong: 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 first dual listing on the Hong Kong exchange and Shanghai’s STAR Market. The company’s filing did not disclose the timetable for its public offering or how much money it hopes to raise.

Continue reading...