The IPO of ant group in both places accelerated the CSRC’s acceptance of its application for overseas listing approval materials
According to the official website of China Securities Regulatory Commission on August 21, ant group applied for overseas initial public offering of shares, including common shares, preferred shares and other stocks and stock derivative forms. The CSRC has received approval materials. In July 20th,
, the official official of Alipay’s parent company ant group, announced that it would launch a plan for simultaneous issuance and listing on the Shanghai stock exchange and the The Stock Exchange of HongKong Limited’s main board, in order to further support the digital upgrading of the service industry, expand domestic demand, strengthen global cooperation to promote global sustainable development, and support the company to increase its R & D and innovation. < p > < p > the filing documents also disclosed that the shareholders holding more than 5% of ant group were Hangzhou Junhan equity investment partnership, Hangzhou junao equity investment partnership and Hangzhou Alibaba Network Technology Co., Ltd. < / P > < p > according to previous media reports, ant group’s valuation level after the completion of round C financing in June 2018 is about US $150 billion. On August 21, media reports said ant group plans to apply for listing in Hong Kong and Shanghai at a valuation of about $225 billion in the next few weeks.
