One article understands ant pricing: 68.80 yuan per share, market value of 2.1 trillion yuan, the world's largest IPO
The initial inquiry of Ant Group's IPO is completed, and the final A-share issue price is determined to be 68.8 yuan per share, with a total market value of 2.1 trillion yuan. Before the A-share over-allotment option is exercised, the total amount of funds raised by the issuer is expected to be 114.945 billion yuan; The over-allotment option is exercised in full, and the issuer is expected to raise a total of 132.186 billion yuan. Ant Group's A+H share IPO plans to raise approximately US$34.5 billion, which corresponds to a 2019 P/E ratio of 96.48 times deducting non-net profits, making it the world's largest IPO. The following are key points related to Ant Group's IPO pricing: Ant Group issue price: A shares 68.80 yuan H shares 80.00 Hong Kong dollars Based on the preliminary inquiry results, Ant Group negotiated and determined the A-share issuance price at 68.80 yuan per share, and the A-share issuance scale was 114.945 billion yuan (before the exercise of the A-sha...