Ant Financial IPO News

China’s Ant Group Wins Final Nod from Securities Watchdog for $35B IPO

China’s Ant Group has won the final nod from the country’s top securities watchdog for the registration of its Shanghai offering, the regulator said on Wednesday, clearing the last regulatory hurdle for its $35 billion dual-listing. Ant, the fintech company …

Senator Calls on U.S. to Delay IPO by China’s Ant Group

Senator Marco Rubio, who has successfully urged the Trump administration to pursue investigations of Chinese companies, called on Friday for the U.S. government to consider options to delay an initial public offering of China’s Ant Group, the fintech arm of …

Ant Group Eyes Raising $17.5 Billion via Hong Kong IPO Without Cornerstone Investors

China’s Ant Group plans to raise about half of its $35 billion dual listing via the Hong Kong leg, without setting up a cornerstone tranche and betting on strong demand from institutional investors even without lock-up commitments, sources said. Backed …

Reuters: China’s Ant Financial Raises $10 Billion at $150 Billion Valuation

Ant Financial Services Group, operator of China’s biggest online payment platform by market share, Alipay, has closed its latest funding round having raised $10 billion from a clutch of global and local investors, five people with direct knowledge of the …