IPO

IPO
Ant Group’s IPO Journey Faces Regulatory Hill – Is Lending In Crosshairs?
November 03, 2020

For Ant Group, for Alibaba, and for the biggest IPO ever, it’s a case of hurry up and wait. 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...

IPO
Shanghai Stock Exchange Holds Up Ant Group IPO Following Regulators’ Questioning
November 03, 2020

The Shanghai Stock Exchange is delaying Ant Group’s record initial public offering (IPO) following Jack Ma’s meeting with Chinese regulators, according to a Wall Street Journal (WSJ) report on Tuesday (Nov. 3).  Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Jack Ma Tells Chinese Regulators Ant Group Not A Bank
November 03, 2020

As China’s Ant Group readies for its IPO — the biggest ever — founder Jack Ma wanted to clarify that the company is a tech firm, not a bank, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Jack Ma Summoned For Questioning About $37B Ant IPO
November 02, 2020

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)....

IPO
China’s Retail Investors Order Over $2.8T Of Ant Group Stock
October 30, 2020

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...

IPO
Foreign Investors Stand To Gain $8B With Ant Group’s IPO
October 29, 2020

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...

IPO
Ant Group $34B Record IPO Means Big Payday For Jack Ma
October 28, 2020

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...

IPO
Airbnb Picks Nasdaq For IPO
October 27, 2020

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...

IPO
Chinese Firms Sprint Toward IPO Finish Line Amid Ant’s Record Filing
October 27, 2020

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...