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...
Analysts, Investors React to China’s Suspension of Ant Group’s Mega IPO November 3, 2020 China suspended Ant Group’s $37 billion stock market listing on Tuesday, thwarting the world’s largest IPO with just days to...
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...
Ant Group Is About to Shatter IPO Records. Here’s Why. October 28, 2020 By Zen Soo HONG KONG – Stella Su, who lives and works in Shanghai, has used an ATM only once in the past...
Startup Auto Insurer Root Raises $724.4 Million in IPO October 28, 2020 By Chibuike Oguh Automobile insurance startup Root Inc. sold shares in its initial public offering (IPO) on Tuesday at $27 apiece, above its...
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...
Startup Personal Lines Insurer Root Looking to Raise $604 Million in IPO October 20, 2020 Automobile insurance startup Root Inc. said on Tuesday it plans to raise as much as $604.1 million in its initial...
Insurance Acquisition Completes Shift Auto Retailer Deal; IPO Launches October 16, 2020 Shares of Shift Technologies Inc. fell 6.7% in their Nasdaq debut on Thursday after the online used-car seller went public...
Senator Calls on U.S. to Delay IPO by China’s Ant Group October 12, 2020 By Alexandra Alper Senator Marco Rubio, who has successfully urged the Trump administration to pursue investigations of Chinese companies, called on Friday for...