The 2024 IPO lineup includes a company that could be one the biggest of all time. Recession fears are fading. Now is the time to invest in IPOs. We reveal the top 5 - free.
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19.05 trillion yuan
- Retail investors submitted a record 19.05 trillion yuan (US$2.85 trillion) in subscription money for Ant's share offering on the Star Market, a board of technology stocks in Shanghai. It amounted to 872 times oversubscription, the firm said in a Shanghai exchange filing late on Thursday.
finance.yahoo.com/news/worlds-largest-stock-sale-ant-093000000.htmlAnt Group: Investors pour US$3 trillion into world's largest ...
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Jul 26, 2023 · It’s now waiting for a green light from the government to hand in its application for an IPO to the central bank. Ant would then need a sign-off from the China Securities Regulatory Commission...
Nov 24, 2020 · Lessons from China’s decision to halt Ant Group’s giant IPO. Intervention by Beijing might spur entrepreneurs to take a lower profile. Henny Sender. Add to myFT. China’s biggest financial...
Nov 4, 2020 · China has suspended the $37bn listing of Ant Group, which had been set to become the world’s largest IPO, one day after regulators had grilled Jack Ma, who founded the company.
Jul 29, 2022 · Jack Ma is planning to give up control of Ant Group, a change that would further delay the Chinese financial technology giant’s plans to launch an initial public offering. Ma’s retreat comes ...
Oct 27, 2020 · The Chinese financial tech titan Ant Group is set to break the record for an initial public offering with a $34 billion haul. Here’s why it’s raising so much money, how it’s doing it and what...
- Andrew Ross Sorkin
Nov 5, 2020 · (Reuters) - China suspended Ant Group's <6688.HK> record $37 billion (28.6 billion pounds) listing just before its dual debut, sending the company scrambling to abide by new financial...
Ant Group is expected to raise more than $34 billion from its IPO, which would make it the largest-ever market listing – overtaking Saudi Aramco. There will be approximately 3.34 billion shares on sale, which would account for 11% of Ant Group’s outstanding stock.
