Alipay operator Ant Groupachieved a valuation of US$150 billion ahead of its planned initial public offering in Shanghai and Hong Kong. Photo: Xinhua Alipay operator Ant Groupachieved a valuation of US$150 billion ahead of its planned initial public offering in Shanghai and Hong Kong. Photo: Xinhua
Alipay operator Ant Groupachieved a valuation of US$150 billion ahead of its planned initial public offering in Shanghai and Hong Kong. Photo: Xinhua

China is home to four of the world’s five largest unicorns, led by Alibaba’s Ant Group

  • Ant Group, the digital financial services arm of Alibaba, had a US$150 billion valuation to top the rankings of this year’s Hurun Global Unicorn Index
  • The total value of all known unicorns in the world is US$1.9 trillion, equivalent to the GDP of Italy

Topic |   US-listed Chinese stocks
Alipay operator Ant Groupachieved a valuation of US$150 billion ahead of its planned initial public offering in Shanghai and Hong Kong. Photo: Xinhua Alipay operator Ant Groupachieved a valuation of US$150 billion ahead of its planned initial public offering in Shanghai and Hong Kong. Photo: Xinhua
Alipay operator Ant Groupachieved a valuation of US$150 billion ahead of its planned initial public offering in Shanghai and Hong Kong. Photo: Xinhua
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