(ECNS) - Alibaba chief Jack Ma said he "very much hoped" that the e-commerce firm's affiliate Ant Financial Services Group would list in Hong Kong, although a spokesperson later said there's no set schedule for that to happen, the Beijing News reported.
Ma didn't reveal much except for his brief answer during a visit to the University of Macau on June 6.
Ant Financial is valued at close to $60 billion, and a listing has long been expected. A previous media report said the company was planning an initial public offering on Shanghai's main board in what could be China's highest IPO valuation since 2010.
A spokesperson later told the newspaper that Ma only expressed his hope and that the company did not have a timeline or venue set.
Ant Financial dominated payments on China's biggest e-commerce platforms through Alipay and also managed Yu'ebao, the nation's largest money-market fund.
In Macao, Ma urged young people to learn to love and be loved in doing anything. He also said a person's vision determined the magnitude of their achievement.
