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Billionaire Jack Ma's Ant Group files for IPO in Hong Kong and Shanghai
short by Pragya Swastik / on Tuesday, 25 August, 2020
Chinese billionaire Jack Ma-controlled Ant Group, an affiliate of Alibaba, has filed for an initial public offering in Hong Kong and Shanghai. It did not specify a share price range or amount to be raised in IPO. Bloomberg reported the simultaneous IPO listing could be one of the biggest in years and even top Saudi Aramco's record $29 billion IPO.
read more at BloombergQuint