The underwriters of Ant Group’s IPO had been set to split an underwriting fee worth about US$400 million following its debut. Photo: Reuters The underwriters of Ant Group’s IPO had been set to split an underwriting fee worth about US$400 million following its debut. Photo: Reuters
The underwriters of Ant Group’s IPO had been set to split an underwriting fee worth about US$400 million following its debut. Photo: Reuters
Ant Group

Suspension of Ant Group’s IPO likely to cost investment banks US$400 million in fees

  • Two dozen investment banks had been set to receive a fee worth 1 per cent of the offering in Hong Kong
  • The deal had been set to shake up the league table for Hong Kong’s equity capital market transactions

Topic |   Ant Group
The underwriters of Ant Group’s IPO had been set to split an underwriting fee worth about US$400 million following its debut. Photo: Reuters The underwriters of Ant Group’s IPO had been set to split an underwriting fee worth about US$400 million following its debut. Photo: Reuters
The underwriters of Ant Group’s IPO had been set to split an underwriting fee worth about US$400 million following its debut. Photo: Reuters
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