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Stock impact report

Ant's IPO could be among biggest in history [CNNMoney.com]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: CNNMoney.com
Ant Group's Chinese IPO could be among the biggest in history Hong Kong (CNN Business) Chinese billionaire Jack Ma could be about to pull off a record-breaking IPO for the second time. Ant Group, the financial affiliate of Ma's e-commerce company Alibaba ( BABA ) , filed this week to list its shares in Hong Kong and on Shanghai's Star Market, China's Nasdaq-like tech board. The company is reportedly seeking to raise $30 billion, according to the Financial Times and Reuters , citing people close to the process or with knowledge of the matter. Ant Group did not disclose how much it hoped to raise, and a spokesperson declined to comment on the matter. But the company could be worth more than $200 billion, according to analysts at brokerage firm Bernstein, and if it rakes in $30 billion, it would become the largest IPO in history. Alibaba, which has a 33% stake in Ant, raised a record $25 billion when it debuted on Wall Street in 2014 . That number has only been Show less Read more
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