Financial News
Written by: Zhang Weilun
2020-10-17 14:42
Last update date: 2020-10-17 14:42
Ant Group is definitely the most popular new stock for global investors. Many investors are already eager to subscribe. Earlier news pointed out that local securities firms intend to launch a 20-fold margin plan for Ant’s IPO, so as to attract more investors. customer.
So when can investors participate?
It is rumored that if the company successfully passes the listing hearing next week, it will start to let investors subscribe as early as the week of October 27.
According to "Bloomberg" report, due to the enthusiastic response from market participants, Ant plans to raise its valuation to 280 billion (US$‧ the same below), or 2.18 trillion yuan, and plans to list A and H simultaneously, but it has not raised funds Scale, and seek to conduct a listing hearing next week.
If the listing hearing is passed, there is a chance that the IPO will begin in the week of October 27, from the pricing to the listing date, or the U.S. election day on November 3.
However, this is a preliminary timetable and may change eventually.
The news of Ant’s plan to go public was reported as early as August this year. At that time, it was reported that the technology company planned to raise a total of 30 billion yuan through A+H shares, with a listing valuation of 225 billion yuan.
Later, it was reported that the amount of funds raised increased to 35 billion yuan, and the valuation increased to 250 billion yuan.
The latest valuation currently reported is 280 billion yuan.
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