Singpore’s GIC to Invest More Than $1 Billion in Ant IPO - THEMARKETTRENDZ

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Tuesday, 6 October 2020

Singpore’s GIC to Invest More Than $1 Billion in Ant IPO



Oct.06 -- Singapore’s sovereign wealth fund GIC Pte is said to be planning to invest more than one billion in Ant Group’s mega IPO. Sources tell Bloomberg GIC and state investor Temasek Holdings Pte are considering joining both the Hong Kong and the Shanghai listings. Bloomberg’s Lulu Chen reports on “Bloomberg Daybreak: Asia.”
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