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HK IPO

Chinese Ant Group to Divest Non-Core Assets, Including Blockchain, for Another HK IPO Attempt, Reports Bloomberg
Hk Ipo

Chinese Ant Group to Divest Non-Core Assets, Including Blockchain, for Another HK IPO Attempt, Reports Bloomberg

Following information from insiders cited by Bloomberg, Ant Group is contemplating a restructuring plan. To clear the way for its Initial Public Offering (IPO) in Hong Kong, this strategy intends to sell parts of its company that are unrelated to its core financial activities in China.