China IPO News

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 …

China’s Ping An-Backed Lufax Files for $3 Billion U.S. IPO

Lufax Holding Ltd., one of China’s largest online wealth management platforms, on Wednesday filed to list its shares in the United States, the latest company looking to take advantage of a rebound in capital markets. Lufax, backed by financial giant …

Post-Covid Cold War World Will Be Tough for China’s Ant: Opionion

Ensconced in a lucrative niche at home, Jack Ma’s Ant Group nevertheless has to look outward. And expanding overseas has never looked so difficult for China’s biggest payments app, even with the war chest from what may be a world-record …

Alibaba’s Ant Group Files for Dual Listing; Could Be World’s Largest IPO Ever

Ant Group, Alibaba’s fintech arm and China’s dominant mobile payments firm, filed for a dual listing in Hong Kong and on Shanghai’s Nasdaq-style STAR Market on Tuesday and could raise as much as $30 billion in what would be the …

Alibaba’s Ant Group Makes Preparatory Filing in China for Giant IPO

Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China’s securities regulator for its planned blockbuster initial public offering. The group, China’s biggest mobile payments company, said in July it had …

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 …