Financial News
Written by: Zhang Weilun
2020-09-23 14:45
Last update date: 2020-09-23 15:06
Mainland media reported that Ant Group, the parent company of Alipay, seeks to pass the Hong Kong Stock Exchange (0388) listing hearing tomorrow (24th). It will disclose the IPO details as soon as this weekend and complete the A+H share listing plan in the middle and late next month.
Earlier, "Bloomberg" quoted sources as saying that Ant is seeking to raise 35 billion yuan (USD ‧ the same below) through this IPO, which is higher than the 30 billion yuan previously expected by market participants.
If the amount of fund-raising is implemented, it will surpass Saudi Aramco and become a new stock of fund-raising scale in global history.
According to reports, Ant has increased its fund-raising scale, and its valuation has increased from 225 billion yuan to 250 billion yuan.
Ant Financial, Ant Group, IPO, IPO, IPO, IPO Market
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