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Investors line up for Ant Group's record $34.4 billion IPO

Ant Group Co Ltd is poised to raise up to $34.4 billion in the world's largest stock market debut as investors rush to buy into the fast-growing Chinese fintech giant despite risks of greater scrutiny at home and abroad. The dual listing would value Ant at about $312 billion before a so-called greenshoe option for a 15% overallotment of shares.



October 27, 2020 at 07:33AM

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