Once seen as a disrupter of China’s banking system, Jack Ma’s financial-technology behemoth Ant Group is becoming a national champion as it prepares to go public with much fanfare
Once seen as a disrupter of China’s banking system, Jack Ma’s financial-technology behemoth Ant Group Co. is becoming a national champion for the country as it prepares to go public with much fanfare.
Hangzhou-based Ant, one of the world’s most valuable technology startups, on Monday said it is planning initial public offerings on stock exchanges in Hong Kong and Shanghai, skipping New York while trade and political tensions flare between the U.S. and China.
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Jack Ma’s Ant Group Plans Dual IPOs in Shanghai, Hong Kong, Bypassing New YorkAnt Group, the Chinese tech and financial-services giant that owns mobile-payments network Alipay, said it is planning IPOs in Hong Kong and Shanghai, bypassing New York. The combined offering could be among the largest in history.
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Jack Ma’s Ant Group Plans Dual IPOs in Shanghai, Hong KongAnt Group, the Chinese technology and financial-services giant that owns popular mobile-payments network Alipay, said it is planning concurrent initial public offerings in Hong Kong and Shanghai as it seeks to accelerate its growth in China and abroad.
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China's Ant Financial to go public in dual Shanghai-Hong Kong listingChinese fintech firm Ant Financial has begun the process of a concurrent initial public offering in Shanghai and Hong Kong.
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Alibaba's Ant could be bigger than some Wall Street banks — What you need to know about the dual IPOAnt Group, an affiliate of Alibaba, announced plans for its long-awaited dual listing in Shanghai and Hong Kong on Monday.
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Jack Ma’s Ant Group Plans Dual IPOs in Shanghai, Hong KongAnt Group, the Chinese technology and financial-services giant that owns popular mobile-payments network Alipay, said it is planning concurrent initial public offerings in Hong Kong and Shanghai as it seeks to accelerate its growth in China and abroad.
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