{"id":27960,"date":"2020-10-27T17:20:25","date_gmt":"2020-10-27T17:20:25","guid":{"rendered":"https:\/\/www.ceo-na.com\/?p=27960"},"modified":"2020-10-29T16:44:38","modified_gmt":"2020-10-29T16:44:38","slug":"ant-group-and-the-largest-public-offering-in-history","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/news\/ant-group-and-the-largest-public-offering-in-history\/","title":{"rendered":"<Ant Group and the\u00a0largest public offering\u00a0in history>"},"content":{"rendered":"<p>Ant Group, the Chinese fintech giant, could become\u00a0the\u00a0largest public offering\u00a0in history.<\/p>\n<p><!--more--><\/p>\n<p>As investors rush to buy into the fast-growing Chinese fintech giant despite risks of greater scrutiny at home and abroad,\u00a0Ant Group Co Ltd is poised to raise up to $34.4 billion in the world\u2019s largest stock market debut, with a dual listing at about $312 billion before a so-called greenshoe option for a 15% overallotment of shares, a first for Shanghai\u2019s Nasdaq-style STAR Market and Hong Kong. Jack Ma, the billionaire founder of Ant and affiliate Alibaba Group Holding, said it was a \u201cmiracle\u201d that such a large listing is taking place outside New York.<\/p>\n<p class=\"Paragraph-paragraph-2Bgue ArticleBody-para-TD_9x\"><a href=\"https:\/\/www.reuters.com\/article\/us-ant-group-ipo\/ant-group-to-raise-up-to-34-4-billion-in-worlds-biggest-ipo-idUSKBN27B1CB\">According to Reuters<\/a>, Ant shares are expected to start trading in Hong Kong and Shanghai on Nov. 5, two days after the U.S. election. The company set the price tag for the Shanghai leg of the listing at 68.8 yuan ($10.27) per share and HK$80 ($10.32) per share for the Hong Kong tranche, the exchange filings showed.<\/p>\n<p>Headquartered in the Chinese city of Hangzhou, Ant Group, now the\u00a0world\u2019s biggest IPO, is beating out oil major Saudi Aramco with its $29.4 billion listing last December.<\/p>\n<p><a href=\"https:\/\/www.morningbrew.com\/daily\/stories\/2020\/10\/26\/ant-group-will-become-largest-ipo-ever?email=pablo.hernandez@ceo-latam.com&amp;__cf_chl_jschl_tk__=56c0f986d894578344e0e834f8039af414e00603-1603819062-0-AXoLMCfv-4dR7sv2o4Q9cecnZ1KJTq3ToMC4z8XcM-b4dh-DvvYmEY6dL3A5SbWGivf4GYmFvepWMG-1aOV8Ft-7LYQEHy66FF-M6yt1HjQBrO0G_BSAxlkr1cqQrU5VBYj9J4q_OcIpHFsH9lwI1SjoqAegsn2QYS_XEt7fVRLFYBE4MQTp5_hajuk3bNBIgnt1D5Q9npzGNkO-LIiTqa6KsR95Dh83yGQOpPgYnkxyrlzkbjQiXI1fVzvzkSrsvFZikOUy-OKt1Uj8a83lZevUNdM2EVhA0Jfz4i0LuPPAs7GrNcE5ZYYc0wwzW-Eud6A-Wp2HIhia7hAyQ8GvGDeoBC8id7p_2SI7FOKVm3Lir9tKlKJevxXwJXi0KkmHDGWKj-tBd3PHbZF_lcIpIH6Ha_7XBb47GjeAjK2-RZrsvr_fiJYWRiq2-7y8TVG6dMldHojHQ5ERlnomLzJusxU\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-27961\" src=\"https:\/\/www.ceo-na.com\/wp-content\/uploads\/2020\/10\/Screen-Shot-2020-10-27-at-11.15.56.png\" alt=\"\" width=\"500\" height=\"331\" srcset=\"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-content\/uploads\/2020\/10\/Screen-Shot-2020-10-27-at-11.15.56-200x132.png 200w, http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-content\/uploads\/2020\/10\/Screen-Shot-2020-10-27-at-11.15.56-300x199.png 300w, http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-content\/uploads\/2020\/10\/Screen-Shot-2020-10-27-at-11.15.56-400x265.png 400w, http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-content\/uploads\/2020\/10\/Screen-Shot-2020-10-27-at-11.15.56.png 500w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ant Group, the Chinese fintech giant, could become\u00a0the\u00a0largest public offering\u00a0in  [&#8230;]<\/p>\n","protected":false},"author":8,"featured_media":27962,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1338],"tags":[4202,99,1385,4203,2886],"class_list":["post-27960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ant-group","tag-ceo","tag-ceo-northam","tag-ipos","tag-saudi-aramco"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/27960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=27960"}],"version-history":[{"count":2,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/27960\/revisions"}],"predecessor-version":[{"id":27964,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/27960\/revisions\/27964"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/27962"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=27960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=27960"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=27960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}