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Jack Ma's Ant Group, payments processor for Alibaba, plans a dual listing in Hong Kong and Shanghai, sources say seeking a valuation of $200B+

What you need to know about the dual IPO Paddy Baker / CoinDesk : Alibaba's Ant Group Plans Dual IPOs at Possible $200B Valuation Fortune : Why the world's most valuable unicorn is shunning a U.S. IPO Eileen Yu / ZDNet : Alibaba's Ant Group plans Shanghai, Hong Kong IPOs TheStreet : Hong Kong Stocks Head For Biggest Gain In Two Weeks On Global Rally And Ant Group's Listing Alison Tudor-Ackroyd / South China Morning Post : Jack Ma's Ant to kick start Shanghai and Hong Kong IPOs, bypassing New York Ryan Browne / CNBC : China's Ant to go public in dual Shanghai-Hong Kong listing Mike Orcutt / The Block : What Ant Group's massive IPO might mean for digital currency and blockchains Bloomberg : Ant Group Is Said to Pick Banks for $10 Billion Hong Kong IPO Sherisse Pham / CNN : Jack Ma's Ant Financial chooses China for its IPO Eliza Gkritsi / TechNode : Ant Group's dual listing will be one of the biggest IPOs of 2020 Rita Liao / TechCrunch : Jack Ma's fintech giant Ant starts IPO process in Hong Kong and Shanghai Tweets: Alvin Foo / @alvinfoo : The IPO could peg Ant Group at more than US$200 billion, more valuable than state-owned China Construction Bank and just shy of Bank of America with @JackMa having about 50% of the voting rights. Via @Alipay @AlibabaGroup @antgrouptaoli https://amp.scmp.com/... Jacky Wong / @jackycwong : “The IPO would value Ant Group at more than US$200 billion” So $600 billion at STAR after the first day? https://www.scmp.com/...

Bloomberg Lulu Yilun Chen

Discussion

  • @alvinfoo Alvin Foo on x
    The IPO could peg Ant Group at more than US$200 billion, more valuable than state-owned China Construction Bank and just shy of Bank of America with @JackMa having about 50% of the voting rights. Via @Alipay @AlibabaGroup @antgrouptaoli https://amp.scmp.com/...
  • @jackycwong Jacky Wong on x
    “The IPO would value Ant Group at more than US$200 billion” So $600 billion at STAR after the first day? https://www.scmp.com/...