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Ant Group closes US$17.2 billion Hong Kong IPO book early amid strong demand: sources

Ant Group closes US$17.2 billion Hong Kong IPO book early amid strong demand: sources

27/10/2020 6:36:00 AM

Ant Group closes US$17.2 billion Hong Kong IPO book early amid strong demand: sources

Ant Group will close its Hong Kong institutional book building one day early as it aims to raise about US$17.2 billion in the city, according to ...

BusinessAnt Group will close its Hong Kong institutional book building one day early as it aims to raise about US$17.2 billion in the city, according to two sources with direct knowledge of the matter.FILE PHOTO: The logo of Ant Financial Services Group, Alibaba's financial affiliate, is pictured at its headquarters in Hangzhou, Zhejiang province, following the coronavirus disease (COVID-19) outbreak, China October 26, 2020. REUTERS/Aly Song/File Photo

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27 Oct 2020 10:55AMShare this contentBookmarkHONG KONG: Ant Group will close its Hong Kong institutional book building one day early as it aims to raise about US$17.2 billion in the city, according to two sources with direct knowledge of the matter.The book was due to close on Thursday, but that deadline will be accelerated to Wednesday 5pm in each region.

AdvertisementAdvertisementThe order book was oversubscribed one hour after the launch on Monday, two people with direct knowledge of the matter said.Ant Group declined to comment on the early closure.The sources asked not be identified as they were not authorised to comment to media.

The Chinese fintech giant is looking to raise up to US$34.4 billion in a dual listing in Hong Kong and Shanghai, with the offer split between the two exchanges.Advertisement(Reporting by Scott Murdoch in Hong Kong; Editing by Kim Coghill) Read more: CNA »

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Ant Group to close $23.4 billion Hong Kong IPO book early amid strong demand: Sources HONG KONG (REUTERS) - Ant Group will close its Hong Kong institutional book building one day early as it aims to raise about US$17.2 billion (S$23.4 billion) in the city, according to two sources with direct knowledge of the matter.. Read more at straitstimes.com.

Ant may raise up to US$17.3b in Shanghai IPO leg: sources[ HONG KONG ] China's Ant Group could raise up to US$17.3 billion in the Shanghai leg of the likely US$35 billion dual listing, the world's largest ever, after some large investors submitted bids in the range of 68-69 yuan per share, people with knowledge of the matter said. Read more at The Business Times.

Ant Group to raise up to US$34.4 billion in world's biggest public offeringChina's Ant Group Co Ltd on Monday set the pricing for the Shanghai leg of its mega dual-listing at 68.8 yuan (US$10.27) per share, the company ...

Ant Group to raise US$17.2 billion in Shanghai in China's biggest IPOChina's Ant Group Co Ltd on Monday set the pricing for the Shanghai leg of its mega dual-listing at 68.8 yuan (US$10.27) per share, the company ...

Jack Ma becomes richer than Walmart heirs with mega Ant IPO[ HONG KONG ] Jack Ma, the former English teacher who co-founded Alibaba Group Holding with US$60,000, is poised to become the world's 11th richest person after Ant Group priced shares for a record initial public offering (IPO). Read more at The Business Times.

Alibaba's Jack Ma becomes richer than Walmart heirs with mega Ant IPOHis 8.8 per cent stake in Ant is worth US$27.4 billion based on the IPO pricing. . Read more at straitstimes.com. And he's still a giant douche China always wins and will replace US He must and should help his Mainland Chinese in the rural and poor regions of China! DO EAT DOGS & CATS and ALL EXCOTIC WILD ANIMALS! PERIOD!