Ant Group’s plan is just the spark that is needed to revive Chinese companies’ dual-listing ambitions

//Ant Group’s plan is just the spark that is needed to revive Chinese companies’ dual-listing ambitions

Ant Group’s plan is just the spark that is needed to revive Chinese companies’ dual-listing ambitions

The high-stake share-offering plan by Ant Group is likely to revive a practice that was once popular among Chinese companies seeking to go public: dual-listings in the mainland and Hong Kong.Hong Kong has been a vital fundraising avenue for mainland companies over the past three decades, helping major state-owned enterprises to access global money, foster better corporate governance and achieve faster growth. A total of 125 Chinese companies have dual listings.The first company to opt for a…

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By | 2020-08-01T06:30:16+00:00 August 1st, 2020|Technology|Comments Off on Ant Group’s plan is just the spark that is needed to revive Chinese companies’ dual-listing ambitions