When will Ant Financial go on sale? According to the information released by official website of China Securities Regulatory Commission, Ant Group applied for overseas initial public offering of shares, including common shares, preferred shares and other kinds of stock derivatives. China Securities Regulatory Commission has received the approval materials. Earlier, many media reported that Ant Group plans to submit IPO applications in Hong Kong and Shanghai within a few weeks, and plans to list in the two places as early as 10. At the same time, the target valuation of Ant Group's dual listing plan in Hong Kong and Shanghai is $225 billion, and the financing is $30 billion.

On July 20th, Ant Group announced the launch plan to seek simultaneous listing on the Science and Technology Innovation Board of Shanghai Stock Exchange and the main board of The Stock Exchange of Hong Kong Limited. August 14: official website Zhejiang Supervision Bureau publicized the counseling filing documents of Ant Technology Group Co., Ltd. ..

According to the latest financial report data released by Alibaba Group, as of June 30, 2020, the accounting income of Ant Group's equity method was 3.034 billion yuan (about 429 million US dollars). Based on this calculation, the revenue of Ant Group in the first quarter of 2020 is about 965,438+93 million yuan. The new operation continues.

In late July, Ant Group announced the launch plan, seeking simultaneous listing on the main boards of Shanghai Stock Exchange, science and technology innovation board Stock Exchange and Hong Kong Stock Exchange.

This news is not surprising. Previously, the Ant Group had a new move, and the market agreed that it was "preparing for listing".

In June this year, Ant Group changed its registered name from Zhejiang Ant Microfinance Service Co., Ltd. to Ant Technology Group Co., Ltd., and upgraded from a financial service company to a technology company. Stripping off the "financial" attribute is to help the listing.

In the view of the relevant person in charge of a large domestic brokerage investment bank, the renaming of Ant Group is more in line with regulatory requirements and has less resistance to listing. "The direct financing of the capital market undoubtedly serves the development of the real economy, and the listing of financial companies has always been a taboo for supervision. For example, the new third board selection layer with the spirit of registration system has not yet released "listing of financial and quasi-financial enterprises".