China’s Ant Eyes Options to Divest Founder’s Stake as Beijing Pressure Grows: Sources April 19, 2021 By Julie Zhu HONG KONG – Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology...
Ant Group Weighs Forming Holding Company, Regulated Like Traditional Financial Firms December 29, 2020 By Julie Zhu and Cheng Leng Ant Group Co Ltd is considering folding most of its online financial businesses, including consumer lending, into a holding company...
Update: China Suspends Ant Group’s $37 Billion IPO November 3, 2020 By Julie Zhu, Meg Shen and Greg Roumeliotis HONG KONG/NEW YORK — China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut...
Retail Investors Placed Bids for Record $3 Trillion of Shares in Ant Group’s IPO November 2, 2020 By Julie Zhu and Sumeet Chatterjee Retail investors placed bids for a record $3 trillion of shares in Ant Group Co. Ltd.’s dual listing in an...
Investors Shrug Off U.S. Concerns as China’s Ant Group Nears $34.4 Billion IPO October 26, 2020 By Julie Zhu and Scott Murdoch Chinese financial technology giant Ant Group has set terms for a dual listing aimed at raising up to $34.4 billion...
China’s Ant Group Wins Final Nod from Securities Watchdog for $35B IPO October 22, 2020 By Colin Qian, Julie Zhu and Meg Shen China’s Ant Group has won the final nod from the country’s top securities watchdog for the registration of its Shanghai...
Analysts Say U.S. Restrictions Unlikely to Hurt Ant Group’s $35 Billion IPO October 8, 2020 By Scott Murdoch and Julie Zhu Ant Group’s $35 billion initial public offering (IPO) is unlikely to suffer from any U.S. restrictions on the Chinese financial...
Alibaba’s Ant Group Files for Dual Listing; Could Be World’s Largest IPO Ever August 25, 2020 By Julie Zhu Ant Group, Alibaba’s fintech arm and China’s dominant mobile payments firm, filed for a dual listing in Hong Kong and...
China Urges Local Firms to List in London with China Pacific Insurance Leading the Pack May 18, 2020 By Abhinav Ramnarayan, Julie Zhu and Michelle Price China is urging domestic companies to look at listing in London, several sources told Reuters, as the country aims to...
Ping An’s Technology Unit OneConnect Reduces Offering in U.S. IPO December 5, 2019 By Julie Zhu Ping An Insurance’s OneConnect Financial Technology launched a U.S. initial public offering (IPO) of up to $504 million on Tuesday,...