Ant Group's Shanghai IPO Priced at CNY 68-69 per Share, Industry Sources Say
Chinese fintech giant Ant Group (688688:SH), which is expected to launch its dual-IPO in early November 2020, has priced the Star Market offering at CNY 68 to CNY 69 apiece, according to people familiar.
If priced at CNY 68, the listing will bring Ant over USD 17 billion in IPO proceeds in Shanghai only. In Hong Kong, it will start trading on November 6, per the official statements.
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