Photo taken on Oct. 15, 2020 shows the headquarters of Ant Group in east China's Hangzhou city. (Xinhua/Yin Xiaosheng)
HONG KONG, Oct. 27 (Xinhua): Ant Group, the parent company of China's leading mobile-payment business Alipay, started its initial public offering (IPO) in Hong Kong on Tuesday and plans to list on the Hong Kong Stock Exchange (HKEX) on Nov. 5.
According to its prospectus, the company's H share will offer over 1.67 billion shares at a price of 80 Hong Kong dollars (about 10.32 U.S. dollars) per share, and is set to raise around 132 billion Hong Kong dollars.
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