China’s Ant Group said to be weighing a Hong Kong spin-off listing of Ant International

Uk Jin

Summary

China’s Ant Group was said to be weighing a separate Hong Kong listing of Ant International, its global business unit.
Caixin reported that Ant Group is considering a plan to spin off and list Ant International, which oversees its digital payments and financial services platform.
It was reported that the listing is being considered for the Hong Kong stock market.

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China’s Ant Group is reportedly considering a separate Hong Kong listing of Ant International, its global business unit.

On the 20th (Korea time), Caixin reported that Ant Group is weighing a plan to carve out Ant International, which oversees its digital payments and financial services platform, and list it on the Hong Kong stock market.