The People’s Bank of China (PBOC) and regulators from three Chinese agencies are interviewing Ant Group Founder Jack Ma, Chairman Eric Jing, and CEO Simon Hu about the upcoming $37 billion initial public offering (IPO), according to a Financial Times report on Monday (Nov. 2)....
Ant Group indicated on Thursday (Oct. 29) that retail investors in mainland China made over $2.8 trillion of orders for their part of its offering, which is taking place in both Hong Kong and Shanghai at the same time, The Wall Street Journal reported. Get...
Ant Group’s pending IPO could spell a multibillion-dollar payday for a small and elite group of foreign investors, who bought a stake in the giant Chinese FinTech two years ago, The Wall Street Journal reports. Get the Full Story Complete the form to unlock this...
Jack Ma’s Ant Group broke records on Wednesday (Oct. 28), filing the biggest initial public offering (IPO) to date, with expectations of raising $34.4 billion on the Shanghai and Hong Kong stock exchanges, according to multiple reports. Get the Full Story Complete the form to...
Airbnb has chosen to list its shares on the Nasdaq market, marking the index’s biggest listing since Facebook‘s $16 billion one in 2012, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Ant Group’s filing of an estimated $34.5 billion record IPO is running parallel to a stampede of Chinese firms racing to file globally, according to a CNBC report on Tuesday (Oct. 27). Get the Full Story Complete the form to unlock this article and enjoy...
Douyin, the Chinese version of TikTok, could hit the markets as a publicly-traded company under plans being pursued by its parent company, ByteDance, new reports find. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Investors have been increasingly eager for FinTech company Ant Group to file for an initial public offering of stock, which could be the biggest IPO ever. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The pandemic seems to be barely slowing down Ant Group – or mobile finance in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
