The IPO of ant group, which has attracted much attention, has come new news. On August 21, ant group applied for overseas IPO, and the CSRC has received the materials. < p > < p > within one month after the announcement of the listing of the science and technology innovation board and Hong Kong stock market, the IPO news of ant group continued. In addition to the news of the Hong Kong stock market, there was also the guidance of A-share listed securities companies previously disclosed. < p > < p > on August 21, China Securities Regulatory Commission (CSRC) disclosed information on its website that ant Technology Group Co., Ltd. applied for overseas IPO of shares, including common shares, preferred shares and other stocks and stock derivatives. The CSRC received relevant materials on August 21. < p > < p > a private investment manager said that ant is a domestic registered enterprise, and it needs to be examined and approved by China Securities Regulatory Commission to issue stocks overseas. The disclosure of the approval of ant’s overseas IPO shows that ant group has made a further step in listing in Hong Kong. < p > < p > < p > < p > the Hong Kong Economic Daily quoted a source as saying, “the ant group of Alibaba submitted its listing application to the stock exchange as soon as possible, and the amount of capital raised in Hong Kong may reach US $10 billion (about HK $77.5 billion). CICC, Citi, JP Morgan and Morgan Stanley are listed in the ranking It is reported that ant group is expected to issue 15% of its shares, 10% of its shares will be issued on the A-share sci tech innovation board, and the remaining 5% will be issued in Hong Kong, raising a total of 30 billion US dollars. Ant group will submit IPO applications in Hong Kong and Shanghai in the next few weeks, according to the company. Ant group said its dual listing plan aims to value at $225 billion, and plans to raise $30 billion in IPOs in Hong Kong and Shanghai, with the completion of both listing as early as October. < / P > < p > in addition to the progress of the IPO of Hong Kong stock market, Zhejiang Securities Regulatory Bureau on the website of the Securities Regulatory Commission also disclosed the guidance and filing public documents of ant group on the evening of August 14. < p > < p > according to the documents, ant group is receiving listing guidance, and CICC and CSCI are the IPO guidance agencies of ant group. The accounting firm is Ernst & Young Huaming (special general partnership), and the law firm is Shanghai Fangda law firm. < / P > < p > this is only one month after ant group’s official announcement to launch the listing of the science and technology innovation board and the Hong Kong stock exchange, there have been a series of IPO related information, which shows that its listing process is accelerating. < / P > < p > just on July 20 this year, there was news that broke the market. Alipay parent ant group announced the launch of the Shanghai stock exchange board and The Stock Exchange of HongKong Limited’s main board to seek a simultaneous issuance and listing plan to further support the digital upgrading of service industry, expand domestic demand, strengthen global cooperation to help global sustainable development, and support companies to increase R & D and innovation in technology. “We are pleased to see that the science and technology innovation board and the Hong Kong Stock Exchange have launched a series of reform and innovation measures, which have created good conditions for new economy companies to better obtain capital market support, including international capital support, and we are glad to have the opportunity to participate in them,” said Jing Xiandong, chairman of ant group < p > < p > according to the data, from January to March 2020, the investment income of Alibaba from ant group is about 3.034 billion yuan. According to Alibaba’s 33% stake in ant, ant group made a profit of about 9.2 billion yuan in the first quarter of this year. According to Reuters, the net profit of ants was RMB 120 billion in 2019, P < 0.05. According to Shen wanhongyuan's calculation, ant group's pre tax profit will reach 28.153 billion in fiscal year 2020. < / P > < p > according to the calculation of natural years, ant group’s pre tax profits in 2015, 2016, 2017 and 2018 were 4.254 billion yuan, 2.906 billion yuan, 13.190 billion yuan and 1.9 billion yuan respectively. < p > < p > on August 14, this year, the public document of ant group’s counseling and filing also disclosed the equity organization of ant group. According to the document, Ma Yun is the actual controller of ant group. In addition, ant group has two major controlling shareholders, namely Hangzhou Junhan equity investment partnership and Hangzhou junao equity investment partnership, with shareholding ratios of 29.8621% and 20.6556% respectively. The shareholding ratio of the two is 50.5177%. < p > < p > in fact, Hangzhou Junhan equity investment partnership belongs to Ma Yun, Ali department and ant department, and Hangzhou junao equity investment partnership belongs to some members of Alibaba partnership. < p > < p > in addition to the above controlling shareholders, Alibaba is also the shareholder holding more than 5% of ant group. As of the end of the year, all the shares held by Alibaba group are 33% and 33% respectively.
public information shows that the ant group was founded in October 2014. At present, the company has Alipay, balance treasure, recruit treasure, ant treasure, network business bank, ant flower, sesame credit and other sub business segments. < p > < p > in April 2016, ant financial services completed a total of more than $4.5 billion in round B financing, which was invested by CCB’s CIC overseas, CCB trust, China Life Insurance, China Post Group and other institutions. < / P > < p > in February 2018, Alibaba and ant financial jointly announced that, according to the strategic agreement signed by both parties in 2014 and approved by Alibaba’s board of directors, Alibaba passed a Chinese subsidiary On July 20, 2020, ant group announced that it would launch a plan to simultaneously issue and list on the science and Technology Innovation Board of Shanghai Stock Exchange and the main board of the stock exchange of Hong Kong Limited.