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Chapter 721 - Chapter 710: Just Cause for Action

Tang Caide had some matters to attend to, so today it was Li Junwei who came to pick up at the airport. On the way to Central, he suddenly asked, "Mr. Lu, aren't we participating in the Ant Group IPO?"

Ant's plan to go public not only caused a sensation in the mainland, but also made headlines in various newspapers in Xiangjiang.

Since Ant Group was filed for the Hong Kong Stock Exchange, and it had a pre-listing valuation of $175 billion, with the HKD to USD exchange rate pegged at 7.8, it equates to a market value of HKD 1,365 billion.

Such a large group's post-listing, after a few more years of development, may well surpass the Penguin Group to become the new stock king of the Hong Kong stock market.

Previously, Lu Liang also mentioned that as soon as Tianxing Quantitative officially began operations, the next step was acquisition, or cooperation with the Neon's Xingheng to jointly develop a commercial investment bank.

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