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

This post was originally published on this site

Ant’s initial public offering would be the first simultaneous listing in Hong Kong and the year-old STAR Market, and help both bourses boost their status as capital market centres.

Ant, already the world’s most valuable unicorn – or billion-dollar unlisted tech firm – did not disclose the size, timetable or other key details of the offering in its preliminary prospectus.

Ant did not immediately respond to a request for comment on its IPO details.