53. 앤트그룹 상장/Jack Ma’s Ant Group Wins Approval For Dual Listing That May Raise $35 Billio

https://www.forbes.com/sites/ralphjennings/2020/10/20/jack-mas-ant-group-wins-approval-for-dual-listing-that-may-raise-35-billion/#56a4e3744aa7

 

 

Jack Ma, founder of Alibaba Group, speaks during 2020 China Green Companies Summit on September 29, 2020 in Haikou, Hainan Province of China.  LIU YANG/VCG VIA GETTY IMAGES

 

Julie 요약

Ant group was on the way to offer dual listing on Shanghai Star Market and Hong Kong Stock Exchange. First of all, Ant Group, Hangzhou-based fintech giant has received approval from Hong Kong. The company is said to be aiming to raise $35 billion with the two offerings.

Ant is an affiliate of Alibaba Group, an $826 billion Chinese firm cofounded by Jack Ma. Its payment platform Alipay has more than a billion users and 80 million merchants.


Jinny 요약

The Hangzhou-based fintech giant, Ant Group which is controlled by billionaire Jack Ma, has received approval from the Hong Kong Stock Exchange for its IPO. It had formally applied in August to sell its shares simultaneously in Hong Kong and Shanghai. The company is said to be aiming to raise $35 billion with the two offerings.

Ant is an affiliate of Alibaba Group, an $826 billion Chinese firm cofounded by Ma. Its payment platform Alipay has more than a billion users and 80 million merchants.

“At the moment there is no bigger financial technology company in the world,” says Alex Sirakov, senior associate with the research and advisory firm Kapronasia in Shanghai.