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

This post was originally published on this site

https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEG7O0MU_L.jpg

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.