Home Business Why Jack Ma’s Ant Group selected a twin IPO in Hong Kong and Shanghai and never New York-Autopresse.eu

Why Jack Ma’s Ant Group selected a twin IPO in Hong Kong and Shanghai and never New York-Autopresse.eu

Why Jack Ma’s Ant Group selected a twin IPO in Hong Kong and Shanghai and never New York-Autopresse.eu

Why Jack Ma’s Ant Group selected a twin IPO in Hong Kong and Shanghai and never New York

2020-07-21 10:31:15


As monetary expertise big Ant Group gears up for one of many largest preliminary public choices of all time, New York’s inventory change is being neglected within the chilly. The choice is a uncommon event the place a marquee Chinese language firm has bypassed the world’s largest monetary market totally. Even Tencent Holding, its closest home competitor, performed investor roadshows within the US earlier than plumbing for a Hong Kong itemizing in 2004. Ant’s selection of Shanghai and Hong Kong illustrates a shift within the…

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