Mrs Yim shows the merchant quick response (QR) code and payment instructions for Ant Group's Alipay service at her stall at Po Tat Market in Hong Kong’s Sau Mau Ping on 18 November 2017. Photo: Edmond SoMrs Yim shows the merchant quick response (QR) code and payment instructions for Ant Group's Alipay service at her stall at Po Tat Market in Hong Kong’s Sau Mau Ping on 18 November 2017. Photo: Edmond So
Mrs Yim shows the merchant quick response (QR) code and payment instructions for Ant Group's Alipay service at her stall at Po Tat Market in Hong Kong’s Sau Mau Ping on 18 November 2017. Photo: Edmond So

Ant Group’s mega IPO will reward staff and early investors, including the businesses of two of Hong Kong’s wealthiest families

  • CK Asset and CK Hutchison, the two flagships of Hong Kong tycoon Li Ka-shing, hold 8.91 million each of Ant’s Class C shares
  • Family members of Hong Kong’s former Chief Executive Tung Chee-hwa own 1.78 million Class C shares in the Hangzhou-based fintech company

Topic |   IPO
Mrs Yim shows the merchant quick response (QR) code and payment instructions for Ant Group's Alipay service at her stall at Po Tat Market in Hong Kong’s Sau Mau Ping on 18 November 2017. Photo: Edmond SoMrs Yim shows the merchant quick response (QR) code and payment instructions for Ant Group's Alipay service at her stall at Po Tat Market in Hong Kong’s Sau Mau Ping on 18 November 2017. Photo: Edmond So
Mrs Yim shows the merchant quick response (QR) code and payment instructions for Ant Group's Alipay service at her stall at Po Tat Market in Hong Kong’s Sau Mau Ping on 18 November 2017. Photo: Edmond So
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