Ant Group sets record with $34 billion IPO The Asian Banker


Source: theasianbanker.com theasianbanker.com

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October 28, 2020 141 Views Print , , Ant Group sets record with $34 billion IPO By Genivi Factao Ant Group’s dual listing in Hong Kong and Shanghai, shunning New York, is the world’s largest and has seen overwhelming response Ant Group’s IPO, world’s biggest, receives strong institutional support Dual listing in Hong Kong and Shanghai amid mounting China-US tension Becoming a global payment and financial services giant Ant Group, the financial technology arm of Chinese e-commerce giant Alibaba is set to raise just under $34.5 billion in a dual listing in Hong Kong and Shanghai, making it the largest...