Ant Group to raise up to $34.4bn in world’s biggest IPO

Credit: WorldNews- Published on October 27, 2020
HONG KONG: Chinese financial technology giant Ant Group has set terms for a dual listing aimed at raising up to $34.4 billion from the world’s largest stock market debut, with investors scrambling for a piece of the fast-growing company. The deal would value Ant at more than $313 billion before a...

Video credit: Reuters Studio
Published on October 30, 2020 -  01:14
Ant Group IPO sees record $3 trillion in demand
Retail investors placed bids for a record $3 trillion of shares in Ant Group's initial public offering, set to be the world's biggest, as mom-and-pop savers bet on demand for its financial services in China. Francis Maguire reports.

You are here

💡 One News Page Knowledge: Other News Mentions

Hong Kong

Special administrative region of China
Carrie Lam says she has no bank account due to US sanctions, and pays cash for everything.
Credit: BBC News - Published 1 day ago

HONG KONG (AFP) - Hong Kong leader Carrie Lam said she has "piles of cash" at home as she has no bank account after the United States slapped sanctions on her in..
2 days ago • WorldNews
Hong Kong (CNN)Chinese President Xi Jinping reached a major milestone this week in his five-year long fight to end absolute poverty across the country -- but it..
2 days ago • WorldNews
Hong Kong chief executive Carrie Lam has vowed to deepen ties with mainland China and pledged to rescue the city from “chaos”, using an annual policy address..
4 days ago • WorldNews

Related videos from verified sources

Thin-skinned Xi Jinping Quashed $37 Billion IPO After Jack Ma Dissed Chinese Government 00:35
Credit: Wochit Tech - Published 2 weeks ago 

Alibaba beats quarterly sales estimates 01:19
Credit: Reuters Studio - Published 3 weeks ago 

Ant IPO halt stings investors big and small 01:42
Credit: Reuters Studio - Published on November 4, 2020 

Related news from verified sources

As Jack Ma's Ant Group gets Hong Kong approval for its $30 billion IPO, it's rolled out a blockchain platform aimed to protect users' copyright.
on October 22, 2020 • Coindesk

The mammoth dual listing for Chinese fintech giant Ant Group will be the world's biggest, according to a pricing determined on Friday night, Alibaba founder Jack...
on October 24, 2020 • IndiaTimes

Shares of AliBaba Group (KRX: 9988) soared over 3% to log record highs this week as buyers approach the psychologically-important 300.00 handle.  Fundamental...
on October 18, 2020 • Invezz

You might like