Ant ‘plans US$17.5 billion Hong Kong IPO, no cornerstones’ Hong Kong


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Ant ‘plans US$17.5 billion Hong Kong IPO, no cornerstones’ | Hong Kong 2020-09-24 03:01:10 Jack Ma’s Ant Group Co. is in search of to boost US$17.5 billion in its Hong Kong share sale and gained’t search to lock in cornerstone buyers, assured there will probably be loads of demand for one of many largest fairness offers within the monetary hub, in accordance with individuals accustomed to the matter. The fintech big has assessed investor curiosity, betting it may possibly pull off the Hong Kong portion of the preliminary public providing with out cornerstone buyers which might be typically wanted for...