Ant Group, part of Alibaba, is exploring IPO of overseas arm Ant International in Hong Kong

From Yahoo Finance: 2025-05-05 12:36:00

Alibaba’s Ant Group explores listing its overseas arm, Ant International, on the Hong Kong stock exchange. The fintech giant, which operates Alipay, discussed the potential listing with regulators. Ant International is registered in Singapore. China regulators halted Ant’s 2020 IPO and initiated an antitrust crackdown. Ant is now seeking a financial holding company license.

Alipay reported 100 million users for its tap-and-pay service. Ant Group was in talks to acquire Chinese online healthcare platform Haodf.com. Ant Group is also focused on advancing its artificial intelligence ambitions, having spent $2.9 billion on research in 2023. BABA shares were trading higher by 0.60% at $126.54 premarket.

Read more: Alibaba’s Fintech Arm Ant Group Eyes Hong Kong IPO For Ant International