March 5, 2021
Business News

Ant Group announces plans to list in Shanghai and Hong Kong – The Economist

ON JULY 20TH Ant Group, the financial-services arm of Alibaba, an e-commerce giant, announced its plans to list on the star market, the Shanghai stockmarkets technology-focused board, and in Hong Kong. The offering could be hugethe firm was valued at $150bn in 2018. Ant would become the latest in a trail of listings on both venues this year, where the number of ipos has rivalled those on Americas Nasdaq.
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