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Ant Group to raise up to $34.4bn in world’s biggest IPO

WorldNews Tuesday, 27 October 2020
Ant Group to raise up to $34.4bn in world’s biggest IPOHONG KONG: Chinese financial technology giant Ant Group has set terms for a dual listing aimed at raising up to $34.4 billion from the world’s largest stock market debut, with investors scrambling for a piece of the fast-growing company. The deal would value Ant at more than $313 billion before a...
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Video Credit: Reuters Studio - Published
News video: Ant Group IPO sees record $3 trillion in demand

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Retail investors placed bids for a record $3 trillion of shares in Ant Group's initial public offering, set to be the world's biggest, as mom-and-pop savers bet on demand for its financial services in China. Francis Maguire reports.

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