ALIBABA'S ANT GROUP FILES FOR IPO IN HONG KONG, SHANGHAI
AppleMagazine|AppleMagazine #461
ALIBABA'S ANT GROUP FILES FOR IPO IN HONG KONG, SHANGHAI
Ant Group, the financial technology arm of Chinese e-commerce giant Alibaba Group, filed for a dual listing in Hong Kong and Shanghai, in what may be the largest share offering since the coronavirus pandemic began.

The initial public offering will be the first dual listing on the Hong Kong exchange and Shanghai’s STAR Market. The company’s filing did not disclose the timetable for its public offering or how much money it hopes to raise.

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AppleMagazine #461