Jack Ma: Ant Group Listing Pricing Completed

From October 23 to 25 in Shanghai, the China Finance 40 Forum (CF40), together with the member organizations of the organizing committees, held the second Bund Finance Summit, which was attended and addressed by Jack Ma, co-chair of the United Nations High-Level Panel on Digital Cooperation.

Ma said that last night in Shanghai we finalized the pricing of Ant Financial, which is the largest financing pricing ever done by mankind and the first time in five years that such a large volume has been done outside of New York City. However, he did not disclose the exact amount of the IPO pricing.

Ma also said that Chinese banks are still pawn shop mentality, which has harmed many entrepreneurs.