Ant Group could raise as much as $34.5B in IPO in what would be world’s largest IPO
https://techcrunch.com/2020/10/26/ant-group-could-raise-as-much-as-34-5b-in-ipo-in-what-would-be-worlds-largest-ipo/
The long-anticipated IPO of Alibaba-affiliated Chinese fintech giant Ant Group could raise tens of billions of dollars in a dual-listing on both the Shanghai and Hong Kong exchanges.
Shares for the company formerly known as Ant Financial are expected to price at around HK$80, or roughly 68 to 69 Chinese Yuan. The company is selling around 134 million shares in the Hong Kong portion of its debut, worth around $17.25 billion American dollars at HK$80 apiece.
Ant Group could raise as much as $34.5B in IPO in what would be world’s largest IPO
Oct 26, 2020, 3:45pm UTC
https://techcrunch.com/2020/10/26/ant-group-could-raise-as-much-as-34-5b-in-ipo-in-what-would-be-worlds-largest-ipo/
> The long-anticipated IPO of Alibaba-affiliated Chinese fintech giant Ant Group could raise tens of billions of dollars in a dual-listing on both the Shanghai and Hong Kong exchanges.
> Shares for the company formerly known as Ant Financial are expected to price at around HK$80, or roughly 68 to 69 Chinese Yuan. The company is selling around 134 million shares in the Hong Kong portion of its debut, worth around $17.25 billion American dollars at HK$80 apiece.