Ant’s dual listing could double cross Wall St, writes AlecMac11:
Ant Group, the financial services affiliate of Chinese e-commerce giant Alibaba, said on July 20 that it had started the process for a dual listing on Shanghai's Nasdaq-style STAR market and the Hong Kong stock exchange. Details such as the size and timetable of the initial public offering were not disclosed.
Ant was valued at $150 billion in its last private fundraising round in 2018. The company is targeting a valuation of more than $200 billion from the IPO, Reuters reported on July 8.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Wall Street executives are glad Joe Biden picked Kamala Harris to be his VP running mateFinance executives, confident the ticket has what it takes to topple President Donald Trump, raved about Harris' experience in government, as well as her fundraising prowess.
Weiterlesen »
Meghan Markle Felt Like She Hit a 'Brick Wall' With Royal FamilyKate Middleton reportedly never helped out Meghan Markle -- and Meghan felt it.
Weiterlesen »
Wall Street is worried China will retaliate against companies like Apple and Tesla after TikTok banNew for subscribers: Wall Street is worried China will retaliate against companies like Apple and Tesla after TikTok ban Check out CNBCPro for a free trial.
Weiterlesen »
These three tech stocks are Wall Street's new stay-at-home darlingsCloud communications company RingCentral received 13 buy ratings from Wall Street analysts in the last seven days, according to data from TipRanks.
Weiterlesen »
S&P 500 climbs within 1% of record on a mixed day on Wall StreetU.S. stock indexes closed mostly higher Monday, nudging the S&P 500 within striking distance of its all-time high set in February.
Weiterlesen »
Amanda Holden tells fans she's spotted Simon Cowell's face in spooky wallAmanda Holden's followers weren't sure what to make of her latest Instagram offering after she claimed she could see BGT co-star Simon Cowell's face in a wall pattern
Weiterlesen »