Ant Group prices Hong Kong leg of stock offering at HK$80 a share in the world’s largest initial public offering

//Ant Group prices Hong Kong leg of stock offering at HK$80 a share in the world’s largest initial public offering

Ant Group prices Hong Kong leg of stock offering at HK$80 a share in the world’s largest initial public offering

Chinese billionaire Jack Ma’s Ant Group set the price for the Hong Kong leg of its initial public offering at HK$80 a share (US$10.32), putting it on track to raise roughly US$17 billion in the offshore tranche of its share sale, according to people familiar with the matter.The world’s most valuable unicorn is likely to make its hotly anticipated debut on Shanghai’s Nasdaq-styled Star Market and Hong Kong’s stock exchange on November 5, after the US election on November 3. Its stock code will…

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By | 2020-10-26T11:23:53+00:00 October 26th, 2020|Technology|Comments Off on Ant Group prices Hong Kong leg of stock offering at HK$80 a share in the world’s largest initial public offering