Ant Financial is working with banks to revive plans for an initial public offering, more than a year after China’s dominant mobile payments company delayed the process after regulatory worries and concerns over its profitability.
Ant, the sister company of the ecommerce giant Alibaba, was last valued at $150bn in a 2018 fundraising round and a listing, even of a small portion of its shares, would represent one of the biggest floats of an Asian company.
Credit Suisse is involved in the early stage preparations, according to two people familiar with the matter. China International Capital Corp is also involved in the work, one of the people said. Alibaba owns a small stake in CICC and has a long relationship with Credit Suisse.
您已阅读21%（733字），剩余79%（2728字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。