|Bid||310.02 x 800|
|Ask||310.45 x 900|
|Day's range||304.06 - 310.33|
|52-week range||169.95 - 314.00|
|Beta (5Y monthly)||1.50|
|PE ratio (TTM)||33.29|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Ant could raise as much as $35bn (£27bn) — with the mammoth deal expected to overtake the record $29.4bn set by Saudi Aramco’s IPO in 2019.
The mammoth dual listing for Chinese fintech giant Ant Group will be the world's biggest, according to a pricing determined on Friday night, Alibaba founder Jack Ma said on Saturday. "It's the first time that the pricing of such a big listing - the largest in human history - has been determined outside New York City" he told the Bund Summit in the eastern financial hub of Shanghai. Backed by Chinese e-commerce giant Alibaba, Ant plans to list simultaneously in Hong Kong and on Shanghai's STAR Market in the coming weeks.
Alibaba (NYSE: BABA) generates most of its revenue from its e-commerce marketplaces in China, but it's also gradually expanded its brick-and-mortar presence in recent years. It opened its first Freshippo grocery store in early 2016, and the chain now operates 214 stores across China.