Alibaba's Ant Group files for blockbuster Hong Kong, Shanghai dual listing

Topics Alibaba | IPOs | Hong Kong


By Julie Zhu HONG KONG (Reuters) - Ant Group, Alibaba's fintech arm and China's dominant mobile payments firm, filed for a dual listing in Hong Kong and on Shanghai's Nasdaq-style STAR Market on Tuesday and could raise as much as $30 billion in what would be the world's largest IPO.

Ant's initial public offering would be the first simultaneous listing in Hong Kong and the year-old STAR Market, boosting Hong Kong's status as an international IPO market and helping enhance STAR as a capital markets centre. Ant,.....

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