NewsBite

Investors line up for Ant Group's record $48b IPO

Hong Kong | Ant Group is poised to raise up to $US34.4 billion ($48.2 billion) in the world's largest sharemarket debut as investors rush to buy into the fast-growing Chinese fintech giant despite risks of greater scrutiny at home and abroad.

The dual listing, a first for Shanghai's Nasdaq-style STAR Market and Hong Kong, would value Ant at about $US312 billion before the so-called greenshoe option for a 15 per cent over-allotment of shares.

Loading...

Reuters

Read More

Latest In Technology

Fetching latest articles

Most Viewed In Technology

    Original URL: https://www.afr.com/technology/investors-line-up-for-ant-group-s-record-48b-ipo-20201027-p5694u