Ant Group will close its Hong Kong institutional book building one day early as it aims to raise about $17.2 billion in the city, according to two sources with direct knowledge of the matter. ( read original story ...)
Ant Group closes $17.2 billion Hong Kong IPO book early amid strong demand – sources
Ant Group will close its Hong Kong institutional book building one day early as it aims to raise about $17.2 billion in the city, according to two sources with direct knowledge of the matter. ( read original story ...)
Jack Ma’s Ant Set to Raise $35 Billion in Biggest-Ever IPO
Jack Ma’s Ant Group Co. is set to raise about $34.5 billion through initial public offerings in Shanghai and Hong Kong, a blockbuster listing that will rank as the biggest IPO ever and make it one of ... ( read original story ...)
Covid-19 won’t last forever, but online learning here to stay, former Hong Kong finance chief says in predicting ‘new normal’ for education
It’s unfortunate that only amid the Covid-19 pandemic has the whole process of adapting to online teaching and the use of technology in education been sped up John Tsang, former Hong Kong financial ... ( read original story ...)
Hong Kong leader to visit Beijing to discuss plans to revive economy
Hong Kong leader Carrie Lam said on Tuesday she will travel to China next week for a three-day visit to discuss plans to revive the global financial hub's economy, which has been battered by the ... ( read original story ...)
Banks, brokers to offer record US$38.7 billion of margin financing for Hong Kong retail investors to buy into Ant’s giant IPO
Ant’s IPO which is on course to smash all previous IPO records is expected to lock up funding of HK$800 billion, higher than Nongfu Spring at HK$677 billion, brokers estimate. ( read original story ...)
Investors line up for Ant Group’s record $34.4 billion IPO
Ant Group Co Ltd is poised to raise up to $34.4 billion in the world's largest stock market debut as investors rush to buy into the fast-growing Chinese fintech giant despite ... ( read original story ...)
China Brokers Challenge Goldman With Best IPO Ranking in Decades
Chinese brokerages are having a bumper year for equity dealmaking, with Ant Group’s multi-billion-dollar initial public offering poised to boost their showing in the global ranking to the best in at ... ( read original story ...)
Ant’s Record IPO To Lift Jack Ma’s Fortune By $27 Bln, Mint 18 Billionaires
Ant Group’s world-record-beating IPO will lift the fortune of China Internet heavyweight Jack Ma by $27 billion and create at least 18 other billionaires, according to pricing announced by the company ... ( read original story ...)
Hong Kong police arrest pair over orange paint attack on six-year-old girl outside school
Duo detained in Ngau Tau Kok and Sau Mau Ping is believed to have triad links, as police say more arrests are possible. ( read original story ...)
Slim pickings: Ant to pay bankers up to $198 million in fees for Hong Kong IPO
China's Ant Group will pay bankers selling its shares in Hong Kong up to $198 million in underwriting fees, its filings showed on Monday, in line with a trend of large issuers sharing a ... ( read original story ...)
Grounded by Covid-19, children and teens are the unhappiest people in Hong Kong, survey finds
After months of suspended classes and stunted social lives amid the ongoing pandemic, children and teens are Hong Kong's unhappiest people this year, a survey has found. Working on a scale of zero to ... ( read original story ...)
Hong Kong homebuyers sustain buying spree at New World’s Tai Wai project, prompting rival developers to raise prices
Hongkongers continued their buying spree at New World Development's latest residential development in Tai Wai in the New Territories, snapping up all of the units offered on Monday, according to ... ( read original story ...)
Ant Group prices Hong Kong leg of stock offering at HK$80 a share in the world’s largest initial public offering
Co-hosting such a jumbo IPO with Shanghai helps Hong Kong keep pace with the swift development of financial hubs in mainland China. ( read original story ...)