An employee works at a reception counter in the lobby of the Ant Group headquarters in Hangzhou, China. Photo: Bloomberg
An employee works at a reception counter in the lobby of the Ant Group headquarters in Hangzhou, China. Photo: Bloomberg
Ant Group

Why Jack Ma’s Ant Group chose a dual IPO in Hong Kong and Shanghai and not New York

  • Ant’s dual IPO will be one of the largest share sales of all time if favourable market conditions prevail
  • The world’s most valuable unicorn has hired CICC, Citigroup, JP Morgan and Morgan Stanley for advice, sources say

An employee works at a reception counter in the lobby of the Ant Group headquarters in Hangzhou, China. Photo: Bloomberg
An employee works at a reception counter in the lobby of the Ant Group headquarters in Hangzhou, China. Photo: Bloomberg
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