No. 1 Unicorn Ant Is Said to Eye USD10 Billion Hong Kong Listing as Soon as This Month(Yicai Global) Aug. 18 -- Ant Group, the world's most valuable unicorn, is expected to go public on the Hong Kong Stock Exchange as early as this month to raise about USD10 billion, NetEase Financial News reported today.
China International Capital, Citigroup, J.P. Morgan Chase, and Morgan Stanley will be some the underwriters for the initial public offering, the report added. Ant is the biggest global unicorn at CNY1 trillion (USD143.2 billion), according to this year’s edition of the Hurun Global Unicorn Index.
The Hangzhou-based operator of China’s largest mobile payments platform Alipay announced on July 20 that it will issue shares on Shanghai’s Nasdaq-like Star Market and the HKEX.
The affiliate of Alibaba Group Holding has received guidance to go public on the Star Market, the China Securities Regulatory Commission said in a statement on Aug. 14.
Editor: Emmi Laine
