The Asian Reporter
Pacific Northwest News q Volume 30 Number 12 q November 2, 2020 q www.asianreporter.com
Here’s why Ant Group is
about to shatter IPO records
RECORD-BREAKING IPO. A figurine of the Ant Group’s mascot is seen on display at the Ant Group office in Hong Kong. China’s Ant Group is trying to raise nearly $35 billion in its initial public offering in Shanghai and
Hong Kong, which would make it the largest share offering in history. Alibaba-affiliated Ant Group, which operates a suite of financial products — including the widely-used Alipay digital wallet in China and one of the world’s largest
money market funds — will hold dual listings in Shanghai and Hong Kong. See story on page 4. (AP Photo/Kin Cheung)
The Asian Reporter
922 N. Killingsworth St.
Portland, OR 97217 USA
The Asian Reporter is published
on the first Monday each month.