Ant Group launches IPO in Hong Kong – China.org.cn

You are here: Business > Markets > Ant Group launches IPO in Hong Kong E-mail Xinhua, October 28, 2020 Adjust font size: Ant Group, the parent company of China’s leading mobile-payment business Alipay, started its initial public offering (IPO) in Hong Kong on Tuesday and plans to list on the Hong Kong Stock Exchange (HKEX) on Nov. 5. According to its prospectus, the company’s H share will offer over 1.67 billion shares at a price of 80 Hong Kong dollars (about 10.32 U.S. dollars) per share, and is set to raise around 132 billion Hong Kong dollars. The company will…