Browsing: IPO

Alibaba to acquire 33pc stake in Ant Financial, clearing the way for Alipay operator’s IPO

Alibaba Group Holding has agreed to acquire a 33 per cent stake in affiliate Ant Financial Services, deepening the e-commerce company’s participation in China’s fast-growing financial technology sector and paving the way for the public listing


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Squeezed margins, ‘new retail’ and possible Ant Financial IPO – five takeaways from Alibaba’s Q3 earnings

1. Alibaba stake in Ant Financial paves the way for payments company to go public Alibaba Group Holding, which owns the South China Morning Post, said late on Thursday that it would gain a 33 per


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Chinese retailers are eschewing the 2018 IPO boom to go private. Here’s why

When Chinese footwear retailers Belle International and Pou Sheng International (Holdings), and department store chain Intime Retail Group listed on the Hong Kong stock market years ago, they were riding on a rebound spurred by Beijing’s


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