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China Economy

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WORLD’S LARGEST IPO TO MAKE SELECT FEW BILLIONAIRES

Published On 01 Sep 2020 06:41 AM


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  • Junhan and Junao entities own about half of Ant Group, and at least 19 shareholders have stakes valued at over $1 billion.
  • Its the most valued fintech company in the world and is slated to go public in the coming months, attributing early investors and employees with untold riches.

Ant Group, the online payment gateway, backed by Alibaba Group Holding Ltd. filed the prospectus for its showing with initial p....


Tags : Jack Ma, Alibaba, Ant Group, Hangzhou Junhan Equity, Eric Jings,
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