One beneficiary of the Ant IPO? Jack Ma's Alibaba, which acquired a 33% stake in the fintech company in 2019 after spinning it off years earlier. ( read original story ...)
Jack Ma’s Ant Financial chooses Hong Kong and Shanghai for IPO
One of China's biggest tech firms has chosen to stay home for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny because of rising geopolitical tensions. ( read original story ...)
Ant Group Is Said to Pick Banks for $10 Billion Hong Kong IPO
Ant Group, the parent of China’s largest mobile payment company, has picked China International Capital Corp., Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley for its Hong Kong initial public ... ( read original story ...)
Alibaba’s Ant Group Starts Concurrent IPO Process in Shanghai, Hong Kong
Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, said on Monday that it had started the process of a concurrent initial public offering on Shanghai's Nasdaq-style Star Market and the ... ( read original story ...)
Jack Ma’s Ant Group Plans Dual IPOs in Shanghai, Hong Kong
Ant Group, the Chinese technology and financial-services giant that owns popular mobile-payments network Alipay, said it is planning concurrent initial public offerings in Hong Kong and Shanghai as it ... ( read original story ...)
Jack Ma’s fintech giant Ant starts IPO process in Hong Kong and Shanghai
The financial services and payments behemoth said Monday that it has kickstarted the process of a concurrent initial public offering on the Hong Kong Stock Exchange and Shanghai’s Nasdaq-style ... ( read original story ...)
Alibaba payments arm Ant to seek IPO in China and Hong Kong
HONG KONG -- China's Ant Group said on Monday that it will seek an initial public offering in Shanghai and Hong Kong in an eagerly awaited move towards the stock market by one of the world's ... ( read original story ...)
Alibaba’s Ant Group fires starting gun on dual listing in Hong Kong, Shanghai
It would become the first company to list both in Hong Kong and on the Star Market and its IPO should boost the status of both Hong Kong and Shanghai as capital market centres. The company, China’s ... ( read original story ...)
Hong Kong banks shutter branches again after COVID cases hit record high
HSBC, Standard Chartered and other banks in Hong Kong closed branches or curtailed their working hours on Monday after a spike in the number of new coronavirus cases in the Asian financial hub. ( read original story ...)
Could the United States break Hong Kong’s peg to the dollar?
The move, while unlikely, would undermine Hong Kong's financial operations. Plus, Turkey's military expenditure. ( read original story ...)
HKEX hires top women managers to oversee IPO applications after bribery scandal taints world’s favourite market
Hong Kong Exchanges and Clearing has installed two senior executives to tighten its stock-listing process following a bribery scandal that tainted the world's favourite initial public offering (IPO) ... ( read original story ...)
Hong Kong shares rise, post biggest weekly fall in 2 months on subdued China stocks
SHANGHAI, July 17 (Reuters) - Hong Kong stocks ended higher on Friday but posted their ... while the IT sector rose 2.09%, the financial sector ended 0.02% higher and the property sector dipped 0.51%. ( read original story ...)
Hong Kong reports 50 locally transmitted coronavirus cases
Hong Kong authorities reported 50 locally transmitted coronavirus cases on Friday, stoking further concern about an escalating third wave of infections in the global financial hub. ( read original story ...)
Hong Kong’s Property Market Sees Limited Impact From China Security Law
Early signs of any impact on the property market from Hong Kong’s new security law have been muted with sales and home-price data barely flinching. ( read original story ...)