Alibaba's Ant Group Will Launch USD 30 Bn IPO in October, Sources Say
According to industry sources, Ant Group, which has filed prospectuses with the mainland's and Hong Kong's market authorities will start public transactions on the Hong Kong Stock Exchange in late September and proceed with its Shanghai Stock Exchange Sci-Tech Innovation Board, or the Star Market, listing in mid-October 2020.
The firm is planning to raise USD 30 billion through this double offering.
This text is a result of machine translation.
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