Tag: banking

Unlike Alibaba’s IPO in 2014, Ant Group is passing over Western stock markets at a time of U.S.-China conflict. It is aiming to raise more than $17 billion each in Hong Kong and Shanghai, with ... ( read original story ...)

Ant Group’s world-record-beating IPO will lift the fortune of China Internet heavyweight Jack Ma by $27 billion and create at least 18 other billionaires, according to pricing announced by the company ... ( read original story ...)

The world's largest fintech company, China's Ant Group, will try to raise nearly $35 billion in a massive public offering of stock t ... ( read original story ...)

"This was the first time such a big listing ... was priced outside New York City," Ant Group founder Jack Ma said. ( read original story ...)

The China stock market has finished lower in four straight sessions, sliding more than 75 points or 2.5 percent along the way. The Shanghai Composite Index now sits just above the 3,250-point plateau ... ( read original story ...)

Stocks dropped sharply Monday as COVID-19 cases surged in the U.S. and Europe, adding to worries about the economic outlook after Congress and the White House failed to agree on a much-anticipated ... ( read original story ...)

The company will raise more than $34 billion in Hong Kong and Shanghai, topping the $29 billion IPO of Saudi Aramco last year. ( read original story ...)