Jack Ma's Ant said to close HK IPO books early as demand soars Hong Kong


Source: chinadailyhk.com chinadailyhk.com

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Jack Ma's Ant said to close HK IPO books early as demand soars By Bloomberg Tuesday, October 27, 2020, 14:00 By Bloomberg The Ant Group Co mascot is displayed at the company's headquarters in Hangzhou, Jiangsu province, on Sept 28, 2020. (PHOTO / BLOOMBERG) Jack Ma’s Ant Group Co is planning to stop taking investor orders for the Hong Kong leg of its initial public offering (IPO) a day earlier than scheduled as the record stock sale has already been heavily subscribed, according to people familiar with the matter. Demand has been so great the Hangzhou-based firm is set to...