Ant to raise $17 bn in Shanghai leg of likely world's largest IPO: Report

China's Ant Group may raise up to $17.3 billion in the Shanghai leg of potentially the world's largest initial public offering (IPO) at $35 billion. Bids in the range of 68-69 yuan (around ₹750) per share have been submitted, reported Reuters. Ant Group and Alibaba's Jack Ma said the price for the largest IPO in history had been set.