Ant Financial Ipo Bankers. Ant Group, the fintech arm of Jack Ma's Chinese e-commerce giant Alibaba, filed new IPO documents—a highly anticipated first look at the company's financials—on Tuesday ahead of its listing on the Hong Kong and Shanghai stock exchanges, and here's what we learned Ant Group Co., the Chinese financial-technology giant controlled by billionaire Jack Ma, revealed how highly profitable its business has been as it gears up The owner of the popular payments and lifestyle app Alipay on Tuesday filed listing documents for IPOs on stock exchanges in Shanghai and Hong. Since Ant Financial is a private company and hasn't publicly filed, financial information is hard to find.
Ant Financial is set to IPO in both the Shanghai and Hong Kong markets. Ant Financial, which rebranded itself to Ant Group in June in an apparent effort to stress tech over finance and ward off Chinese finance regulators, filed If Ant's target numbers hold, it would become the new largest IPO in history. The firm recently dropped its old brand "Ant Financial" for "Ant Group" to scale back its focus on in-house financial.
That's fitting of the world's most valuable private tech unicorn, last.
Ant Financial is set to IPO in both the Shanghai and Hong Kong markets.
Founded by the Alibaba group, it allows individuals and businesses to execute payments online in a secure manner. How to play Ant Group's dual listing, possibly one of the biggest IPOs ever. Alipay now caters to a wide array of consumer needs from groceries to.