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Ant Group’s $35B IPO Could Be Largest in History

Ant Group, the world’s largest fintech, is aiming to raise $35 billion in a public offering that would “shatter records.” So reports Yahoo! News.

ant groupThe Alibaba affiliate operates financial products, including digital wallet Alipay, as well as one of the world’s biggest money market funds. The company is planning to hold dual listings in Hong Kong and Shanghai. It’s expected to trade on the former beginning Thursday, Nov. 5, while there is no date set for the latter.

Read the full article from Yahoo! News.

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