It is revealed that the Ant Group is planning to reorganize.Pay the way for the company's first public fundraising (IPO) plan for the company.
According to Bloomberg News on Wednesday (July 26), people familiar with the matter reported that the Ant Group planned to strip the company's blockchain, database management services and international business from a major entity.After completing the peeling, the Ant Group will apply for a financial holding license to the Chinese government for this entity.
People familiar with the matter said that once the procedures for reorganization and application licenses are completed, Ant Group can prepare to apply for listing in Hong Kong, rather than planning to seek double listing in Shanghai and Hong Kong earlier.
People familiar with the matter said that the above plans have been conveyed to some shareholders, but it may change a little about the case.However, shareholders must make a decision before August.
Reported that the reorganization in the proposed proposal may be liberated to shareholders who urgently need cash liquidity.One of the people familiar with the matter said that shareholders will be able to obtain a shares of the ex -entity at the transaction price.However, these businesses will take several years to increase.
The People's Bank of China announced on the 7th of this month that the Ant Office was fined 7.12 billion yuan (RMB 1.321 billion) on the 7th.The beginning of restarting the listing plan.
After completing the rectification, the Ant Group immediately announced the start of 7.6%of the equity of the repurchase. The company's corresponding company valuation was about 567.1 billion yuan, which was US $ 280 billion (378 billion new new new listings in 2020 (378 billion yuan new.Yuan) The market value decreased by 70%.
