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Month: July 2020

Posted on 21/07/2020

Why Jack Ma’s Ant Group chose a dual IPO in Hong Kong and Shanghai and not New York

READ FULL ARTICLE To underscore that, Alibaba sold control of Alipay in 2011 so that the Ant unit could apply for a mainland China payment business licence ... its debut in Hong Kong in June 2006 and ... ( read original story ...)

Posted on 21/07/2020

Alibaba’s Ant Financial plans Shanghai, Hong Kong IPOs

Alibaba Group has kicked off IPO proceedings for its mobile payment business, Ant Financial Services Group, in Hong Kong and Shanghai, where it reportedly is eyeing a $200 billion valuation. The ... ( read original story ...)

Posted on 21/07/2020

Jack Ma’s Ant Group Plans Dual IPOs in Shanghai, Hong Kong, Bypassing New York

Ant Group, the Chinese tech and financial-services giant that owns mobile-payments network Alipay, said it is planning IPOs in Hong Kong and Shanghai, bypassing New York. The combined offering could ... ( read original story ...)

Posted on 21/07/2020

Hong Kong Exchanges Soars on Ant’s Dual Listing With Shanghai

Hong Kong Exchanges & Clearing Ltd. surged as much as 6.2%, its biggest jump in 20 months, after billionaire Jack Ma’s Ant Group announced plans to seek a dual listing in Hong Kong and Shanghai, ... ( read original story ...)

Posted on 21/07/2020

Jack Ma’s Ant Group chooses Hong Kong and Shanghai for IPO

One of China's biggest tech firms has chosen to stay home for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny because of rising geopolitical tensions. ( read original story ...)

Posted on 21/07/2020

Jack Ma’s Ant Group, valued at US$200 billion, to kick start concurrent IPOs in Shanghai and Hong Kong, bypassing New York

Ant Group, which operates the online payment platform for the world's largest e-commerce company, is kicking off the process for simultaneous stock offerings in Shanghai and Hong Kong, extending a ... ( read original story ...)

Posted on 21/07/2020

Chinese fintech giant Ant to go public in dual Shanghai-Hong Kong IPO

Chinese fintech firm Ant Group has begun the process of a concurrent initial public offering in Shanghai and Hong Kong. ( read original story ...)

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