Jack Ma's Ant Group to Raise $17.5B Via Hong Kong IPO Without Cornerstone Investors

Jack Ma's Ant Group to Raise $17.5B Via Hong Kong IPO Without Cornerstone Investors

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Jack Ma's Ant Group Co. is aiming to raise $17.5 billion in its Hong Kong share sale and won't seek to lock in cornerstone investors, confident there will be plenty of demand for one of the largest equity deals in the financial hub, according to people familiar with the...

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