Jack Ma's Ant to raise almost US$35b in world's biggest IPO Hong Kong


Source: chinadailyhk.com chinadailyhk.com

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Jack Ma's Ant to raise almost US$35b in world's biggest IPO By Bloomberg Monday, October 26, 2020, 22:18 By Bloomberg People walk past the Ant Group Co mascot displayed at the company's headquarters in Hangzhou, China, Sept 28, 2020. (PHOTO/BLOOMBERG) Jack Ma ’s Ant Group Co is set to raise about US$34.5 billion through initial public offerings in Shanghai and Hong Kong, a blockbuster listing that will rank as the biggest IPO ever and make it one of the most valuable finance firms on the planet. Ant priced its Shanghai stock at 68.8 yuan (US$10.27) apiece and its Hong Kong...