About: http://data.cimple.eu/news-article/92b161b71029ee0e7ff98ef52b51e54d7fc80a160ae49c9a5315920b

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About: http://data.cimple.eu/news-article/92b161b71029ee0e7ff98ef52b51e54d7fc80a160ae49c9a5315920b Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Ant Group, the financial arm of Chinese e-commerce titan Alibaba, said Monday it plans to raise $34 billion in a joint Asian listing, making it the biggest IPO in history. The cash raised from the split float between Hong Kong and Shanghai would be far more than the $29 billion chalked up by Saudi Aramco in December. Ant Group company runs Alipay, the dominant online payment system in China, where cash, cheques and credit cards have long been eclipsed by e-payment devices and apps. According to statements released by Ant Group, the e-payments behemoth aims to sell 1.67 billion shares each at HK$80 ($10.30, 8.70 euro) in Hong Kong from Tuesday. A further 1.67 billion shares will be sold in Shanghai at 68.80 yuan ($10.30, 8.70 euro). The total sale would therefore exceed $34 bn (28.8 bn euro), and could be close to $40 bn (33.9 bn euro) if over-allotment options are taken up. The securities will begin trading on November 5. bur-sbr/bar/lth/je/rl
schema:headline	China's Ant Group says to raise $34 bn in record IPO
schema:mentions	Alibaba Group E-commerce Initial public offering Stock Renminbi Saudi Aramco Asia Hong Kong China Alipay Shanghai Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-26 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	48 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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