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World 19 Sep 2020 | 12:15 AM

Ant Group's IPO in Shanghai approved

SHANGHAI, Sept. 18 (Xinhua) -- Ant Group, the parent company of China's leading mobile-payment business Alipay, received approval on Friday from the Shanghai Stock Exchange for its initial public offering (IPO).

Markets 26 Aug 2020 | 4:28 PM

Asset managers in China tech ETF race

SHANGHAI: Asset managers are racing to launch index funds tracking China's top technology companies, capitalising on investor fervour stirred by Sino-U.S. tensions, and fuelled by Ant Group's blockbuster listing.

World 26 Aug 2020 | 12:11 AM

Ant Group files for IPOs in Shanghai, HK

BEIJING, Aug. 25 (Xinhua) -- Ant Group, the parent company of China's leading mobile-payment business Alipay, on Tuesday filed for concurrent initial public offerings (IPOs) in Shanghai and Hong Kong, said corporate sources.