Exclusive: Alibaba's Ant plans Hong Kong IPO, targets valuation over $200 billion, sources say

Exclusive: Alibaba's Ant plans Hong Kong IPO, targets valuation over $200 billion, sources say

3 years ago
Anonymous $qOHwDUKgAF

https://www.reuters.com/article/us-ant-financial-ipo-exclusive/exclusive-alibabas-ant-plans-hong-kong-ipo-targets-valuation-over-200-billion-sources-say-idUSKBN2491JU

Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, plans a Hong Kong float as soon as this year and targets a valuation of more than $200 billion, said two sources with knowledge of the matter.