ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Ant Group shows solid growth as it marches to possible record IPO

Insiders say Alibaba's financial affiliate wants to sell about 15% of itself

An Alipay logo is seen at a cashier in Shanghai. Ant is likely to sell about 10% of its shares into the Shanghai listing, and another 5% in the Hong Kong listing.   © Reuters

When the record books are written, the upcoming IPO by Alibaba's financial affiliate Ant Group could well go down as the biggest listing of all time.

Ant didn't disclose any specific fundraising targets in its highly-anticipated IPO prospectus released on Tuesday, as it prepares to make a dual listing in Shanghai and Hong Kong.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more