The Alipay mobile application serves over 1 billion annual active users, according to the company. Ant Group, controlled by Chinese billionaire Jack Ma, is set to raise a record US$39.67 billion. Photo: EPA-EFE The Alipay mobile application serves over 1 billion annual active users, according to the company. Ant Group, controlled by Chinese billionaire Jack Ma, is set to raise a record US$39.67 billion. Photo: EPA-EFE
The Alipay mobile application serves over 1 billion annual active users, according to the company. Ant Group, controlled by Chinese billionaire Jack Ma, is set to raise a record US$39.67 billion. Photo: EPA-EFE

Ant Group

Ant Group: Investors pour US$3 trillion into world’s largest IPO with frenzied bids in Hong Kong and Shanghai retail offerings

  • Ant becomes the record holder in terms of number of retail investors and subscription sum in Hong Kong IPO history
  • Banks and brokerages in Hong Kong lent about HK$500 billion in total margin financing for the retail portion of IPO

Topic |   Ant Group
The Alipay mobile application serves over 1 billion annual active users, according to the company. Ant Group, controlled by Chinese billionaire Jack Ma, is set to raise a record US$39.67 billion. Photo: EPA-EFE The Alipay mobile application serves over 1 billion annual active users, according to the company. Ant Group, controlled by Chinese billionaire Jack Ma, is set to raise a record US$39.67 billion. Photo: EPA-EFE
The Alipay mobile application serves over 1 billion annual active users, according to the company. Ant Group, controlled by Chinese billionaire Jack Ma, is set to raise a record US$39.67 billion. Photo: EPA-EFE
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