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Home » ANT GROUP TO CLOSE INSTITUTIONAL BOOK OF $17.2 BILLION HONG KONG IPO EARLY: SOURCES

ANT GROUP TO CLOSE INSTITUTIONAL BOOK OF $17.2 BILLION HONG KONG IPO EARLY: SOURCES

(AGENPARL) – THE HAGUE (THE NETHERLANDS), mer 28 ottobre 2020 By Scott Murdoch
HONG KONG (Reuters) – Ant Group <688688.SS> <6688.HK> will close its Hong Kong institutional book building a day earlier than planned as it aims to raise about $17.2 billion in the city, according to three sources with direct knowledge of the matter.
The book was due to close on Thursday, but that deadline will be accelerated to Wednesday 5.00 p.m. in each region.
The order book was oversubscribed one hour after the launch on Monday, two separate sources with direct knowledge of the matter said.
Ant Group declined to comment on the planned early closure of the Hong Kong institutional book, which is part of its world record initial public offering (IPO).
It is looking to raise up …

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Fonte/Source: https://datafloq.com/read/ant-group-close-institutional-book-172-billion-hong-kong-ipo-early-sources/10335

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