Ant Group looks to list on two stock markets simultaneously
Posted On July 20, 2020
Though dual listing is popular among Chinese tech companies, Ant Group will be the first one to file for concurrent listings on both Shanghai’s new tech board and Hong Kong Stock Exchange, targeting a $200 billion valuation. The fin-tech leader holds an ambition to renovate the digitization of services in China and looks beyond to the international market. If the capital goal is reached, the company will surpass the value of most of the world’s banks.