China’s Ant Group wins green light in Hong Kong for one of the world’s largest initial public offerings

//China’s Ant Group wins green light in Hong Kong for one of the world’s largest initial public offerings

China’s Ant Group wins green light in Hong Kong for one of the world’s largest initial public offerings

Regulators in mainland China and Hong Kong have cleared Ant Group’s plans for a blockbuster initial public offering in Hong Kong, kicking off a busy few months of capital raising in the city, according to people familiar with the situation.Ant, the operator of China’s largest mobile payment app by volume Alipay, applied for a dual listing in Hong Kong and Shanghai’s Star Market in August. China Securities Regulatory Commission followed by the Hong Kong stock exchange gave the green light on…

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By | 2020-10-19T12:46:27+00:00 October 19th, 2020|Business|Comments Off on China’s Ant Group wins green light in Hong Kong for one of the world’s largest initial public offerings