Shanghai, China
Caproasia.com | The leading source of data, research, information & resource for investment managers, professional investors, UHNW & HNW investors, and advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

Media, Events, Networking, Roundtable, Membership - Contact Us

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.







Ant Group $300 Billion Record IPO Suspended in both Shanghai and Hong Kong Exchange

4th November 2020 | Hong Kong

Ant Group planned IPO that will raise $34.5 billion and create a Chinese financial technology giant with more than $300 billion market capitalization, has been suspended by both Shanghai and Hong Kong Exchange (Hong Kong Exchanges and Clearing ~ HKEX) on Tuesday (3/11/20).

” Chinese Regulator Suspends Ant Group IPO “

The IPO will have taken place on Thursday (5/11/20), and China regulators have reported Ant Group have failed in major issues including meeting listing conditions and information disclosure requirement.

Hong Kong Exchanges and Clearing (HKEX) is referred as Hong Kong Exchange or HKEX in this article

 

Jack Ma, Eric Jing and Simon Hu Meeting with Chinese Regulators

Alibaba Founder Jack Ma 2
Alibaba Founder Jack Ma

 

On Monday, 2nd November 2020, Ant Group Chairman Jack Ma (Founder of Alibaba), Executive Chairman, Eric Jing and Chief Executive Simon Hu had met with 4 financial regulators to provide report on major issues.  The China Securities Regulatory Commission have also released a statement for this meeting.  View: Statement

On Tuesday (3/11/20), China regulators announced the suspension reporting Ant Group have failed in major issues including meeting listing conditions and information disclosure requirement.

 

Fast Facts – Ant Group IPO

Ant Group 3
Ant Group, leading online financial services in China

 

  • Record IPO of $34.5 billion raised 
  • Create a company with more than $300 billion market capitalization
  • Dual-Listing on Shanghai* & Hong Kong Exchange
  • Retail demand for IPO neared $3 trillion in China
  • Alibaba owns 33% of Ant Group

* Shanghai STAR Market (Science and Technology Innovation Board), China’s version of NASDAQ

 

Trending from Major Financial News:

 


Caproasia Users
  • Manage $20 million to $3 billion of assets
  • Invest $3 million to $300 million
  • Advise institutions, billionaires, UHNWs & HNWs
  • Learn More | Caproasia Users
Caproasia Platforms | Join 10,000 Investors & Advisors Monthly Networking & Roundtables: Membership | Join a Powerful Network: Family Office Programs: Caproasia Summits: Special Coverage

Caproasia.com | The leading financial website for investment managers, professional investors, UHNW & HNW investors and advisors to institutions, billionaires, UHNWs & HNWs.  Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?

Caproasia is a financial information technology co. founded in 2014. We have 4 businesses in Media, Information, Services and Technology. We created 3 solutions: Membership, Events & Platforms to drive investment decisions in Asia through information, services, technology & people, that impact economies, societies & people. Our Mission: Driving the future of Asia

Goal 2022 | We have a goal in 2022.  To drive $22 billion of deals & investments. Join us to drive $22 billion of deals & investments in 2022.

For 2022 Investment Day: mail@caproasia.com
For Family Office, Professional Investor, HNW Investor Events: mail@caproasia.com
For Membership, Events, Networking, Roundtable, Summits: mail@caproasia.com
For Investment Relations Network: mail@caproasia.com
For Platforms, Media Kit, Advertising, Campaigns, Partnerships: angel@caproasia.com
For press release: press@caproasia.com
For all other enquiries: mail@caproasia.com


 
Previous articleUBS and Partners Group to Give UBS Clients Access to Private Markets Investments
Next articleJulius Baer Reaches $79.7 Million Settlement for Role in FIFA Corruption Events 
Caproasia.com covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia