Ant Group to Refund US$167.7 Billion to Investors
1.55 million small investors in Hong Kong had pumped HK$1.3 trillion (US$167.7 billion) into the initial public offering in a bid to get a slice of the shares of Ant Group. The retail investors had oversubscribed 389 times for the IPO, according to people familiar with the matter. The development came after Ant Group late… Read More Ant Group to Refund US$167.7 Billion to Investors