Baidu bonds prove appetising to US investors
Investors paid little attention to rhetoric between the US and China, with the internet company’s latest $950m bond massively oversubscribed.
October 14, 2020
Ant Financial, the online payments affiliate of Alibaba, said on Tuesday that it had raised a record $4.5 billion from private investors, valuing the company at almost $60 billion and moving it a step closer to launching a hotly anticipated initial public offering.
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