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Alibaba finance unit plans IPO on Shanghai: sources

Zhejiang Ant Small & Micro Financial Services Group Co meets listing requirements, may begin process this year
Tuesday, April 19, 2016 - 05:50

Mr Ma controls Ant Financial which dominates payments on China's biggest e-commerce platforms through Alipay.

Hong Kong

ALIBABA Group Holding Ltd's finance affiliate is planning an initial public offering (IPO) on Shanghai's main board in what could be China's highest IPO valuation since 2010, according to two people familiar with the matter.

Zhejiang Ant Small & Micro Financial

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