Ant Group is actively planning a business restructuring to pave the way for its initial public offering in Hong Kong. Ant Group is considering spinning off its blockchain, database management services and international operations from its main entity, which would help the company apply for a financial holding license in China, according to people familiar with the matter. It's worth noting that the plans are not yet finalized and are subject to change.

In addition, people familiar with the matter also said that some Chinese state-owned enterprises that participated in Ant Financial’s early financing are planning to participate in buybacks. Shareholders need to make a decision by early August. The market is full of expectations for the future of Ant Group, let us wait and see!