Alibaba's Ant Group plans listing in Shanghai and Hong Kong

The Shanghai Stock Exchange also welcomes Ant Group to seek a listing on the SSE STAR Market, saying this demonstrates the STAR Market's attraction and global competitiveness as the "first choice" for innovative technology companies in China to get listed.

STAR Market has attracted an increasing number of technology companies and supported their growth since its inception over a year ago. So far, the STAR Market has listed more than 130 technology companies, with a total market capitalization of over RMB 2.4 trillion yuan, according to a statement from Shanghai Stock Exchange.