If reuters' report is accurate, ant will only offer a small portion of its shares to hong kong investors.
19+ Ant Alibaba Ipo Pics. Nonetheless, ant's ipo could have boosted alibaba's profits at a crucial time. Shares in alibaba (baba) plunged as much as 9% in new york after the ant ipo was suspended.
Exclusive Alibaba S Ant Plans Hong Kong Ipo Targets Valuation Over 200 Billion Sources Say Reuters from static.reuters.com
Mǎyǐ jítuán), formerly known as ant financial and alipay, is an affiliate company of the chinese alibaba group. Alibaba stock dropped tuesday after the initial public offering of ant group in china was postponed due to regulatory issues. Moreover, smaller trades in the secondary.
Mǎyǐ jítuán), formerly known as ant financial and alipay, is an affiliate company of the chinese alibaba group.
Online finance has exploded in china in recent years, and alipay has been a key driver. Suspension of ant group's blockbuster ipo raises all kinds of questions. Ant, which spun out of alibaba in 2010, has long been seen as a champion of china's economy and an example of how the communist. Online finance has exploded in china in recent years, and alipay has been a key driver.
