China's Ant Group says to raise $34 bn in record IPO
Beijing (AFP) Oct 26, 2020
Chinese e-payments giant Ant Group said Monday it plans to raise $34 billion in a listing shared between Hong Kong and Shanghai, making it the biggest IPO in history. The record-shattering IPO comes as the administration of US President Donald Trump tries to smother Chinese technology companies, whose ascent is seen by Washington as a threat to American security, prestige and supremacy in th
