HOW MUCH EXTRA CAPITAL DOES ANT NEED?
One Ant investor, however, told Reuters that the potential capital shortfall would be well within Ant's means and that it would not need to raise more money from outside investors.The analyst and the investor spoke on condition of anonymity as they were not authorised to speak to media.HOW WILL ANT'S VALUATION CHANGE AFTER THE RESTRUCTURING?
Major lenders in China's main banks stock index trade at five to 12 times forward earnings and 0.4 to 1.7 times their forward book value, Eikon data shows. Ant would be worth US$33 billion if priced at one time book value based on its net assets reported last year, according to Reuters Breakingviews calculations.
Jiebei and Huabei are currently embedded within Alipay and rely on the mobile payment app for user traffic.
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