Ant Group

Photo: Newstrack

China's Ant Group Eyes World's Largest Share Market Debut

Alibaba's founder Jack Ma-backed Chinese fin-tech giant Ant Group is eyeing to make world's largest share market debut by selling stocks worth $34.4 billion. The company plans to sell only 11% of shares on Hong Kong and Shanghai stock markets on November 5. Reportedly, investors from Singapore and Abu Dhabi have already shown interest in purchasing shares. Ant Group owns digital payment app 'Ali Pay' and offers various financial services.

Tue, 27 Oct 2020 - 01:27 AM / by Mahadevan K V

Tags
Jack Ma
Ant Group
Alibaba
Investment
Courtesy
BBC

You May Like

Electric Vehicles

UK Seeks Custom Duty Cut On Electric Vehicles Amid Discussion With India

 The UK is pushing for a cut in customs duty on electric vehicles in the ongoing negotiations for signing a free-trade deal with India, a senior official confirmed. At present there is a customs duty of 60 per cent on imported cars priced below $… read-more

TAGS: India-UK Free Trade Deal, PM Modi, PM Rishi Sunak, Electric Vehicles

Elon Musk

X To Be Dating App, Elon Musk Aims To Make Platform All-Feature Platform?

With the aim of making X, formerly known as Twitter, an all-app platform, Tesla CEO and X owner Elon Musk announced that X would soon be announced as a dating platform. Interestingly, the speculations of X being a relationship platform came after… read-more

TAGS: X Platform, Dating App, Elon Musk, Technology, Finance

RBI Governor

Attrition High For Pvt Sector Banks, RBI Monitoring Issue: Governor Das

 

Attrition at some private sector banks is "high" and the RBI is "closely" looking at the issue, Governor Shaktikanta Das said on Tuesday. Speaking at the annual BFSI Insight Summit organized by the Business Standard, Das said this is an… read-more

TAGS: RBI, Attrition

Mark Zuckerberg-Elon Musk

Elon Musk Offers $1 Billion To Zuckerberg, If He Changes Name To

Elon Musk is once again caught attention of netizens for his bizarre suggestions to Mark Zuckerberg, the founder of Facebook. In a tweet, Elon Musk said, he will pay $1 billion to Facebook owner, if he changes the name to Faceboob. The response… read-more

TAGS: Facebook, Mark Zuckerberg, Elon Musk, Name Change, Tesla CEO

Manoranjan Mishra

RBI Appoints Manoranjan Mishra As Executive Director

The Reserve Bank of India (RBI) has appointed Manoranjan Mishra as Executive Director. As the Executive Director (ED), Manoranjan Mishra will look after the Enforcement Department, Risk Monitoring Department, and Department of External… read-more

TAGS: RBI, manoranjan mishra, RBI Executive Director, Economic Graduate, National

Gangster Purchase Benami Asset

Gangster Atiq Ahmed's Benami Property, Purchased In Name Of Mason Attached

Slain gangster-politician Atiq Ahmed's Benami Property, worth Rs 12.5 crore was attached by the Uttar Pradesh Police in Prayagraj's Katahula area on Monday. The confiscated land was spread across 5.0510 hectares, and was purchased and registered… read-more

TAGS: Benami Asset, Land, Farmers, gangster atiq ahmed, Uttar Pradesh