Ant Listing in HK, Shanghai- Part of Chinese IPO Bandwagon?





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China's Ant Group says it seeks to dual list in Shanghai and Hong Kong. Alibaba's fintech arm is seeking a valuation of more than 200 billion U.S. dollars. Ant Group is the parent company of China's most popular mobile payment platform AliPay. The world's highest-valued fintech company, bigger than WeChat Pay and Apple Pay today, it offers a variety of online financial services for consumers, including payments, banking, brokerages, and wealth management. So, what's behind its decision to list in Shanghai and Hong Kong rather than New York?
Category
Phim Hồng Kông
Tags
HongKong, HongKong news update

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