Jack Ma’s company passed its last regulatory hurdle for the Hong Kong portion of its upcoming dual listing, sources told Reuters. That moves the company one step closer to what is expected to be a record-breaking IPO. (Bloomberg, Reuters)
Skip to content
Jack Ma’s company passed its last regulatory hurdle for the Hong Kong portion of its upcoming dual listing, sources told Reuters. That moves the company one step closer to what is expected to be a record-breaking IPO. (Bloomberg, Reuters)
Talking point: Ant Group passed a listing hearing with Hong Kong Exchanges and Clearing Monday after The China Securities Regulatory Commission approved the move. A dual listing in Hong Kong and Shanghai would see the company debut with at least a US$280-billion valuation, sources told Bloomberg. Ant submitted an application to list on Shanghai’s tech-focused Star board late last month, and is waiting for the China securities watchdog to approve the registration. The current IPO record stands at US$29.4 billion from state-owned oil company Saudi Aramco.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Exclusive
PCO clerk Sabia stayed on Mastercard Foundation board for a year with no conflict screen
Briefing
Constellation Software’s Harris acquires TouchBistro
Aritzia doubles its first quarter profits on strong sales
Carney confirms Saudi Arabia’s Public Investment Fund to attend his investment summit
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
