Ant wins approval for Hong Kong leg of $30bn listing

By Jonathan Breen
20 Oct 2020

Ant Group has got the go ahead from regulators for the Hong Kong portion of its dual listing, which is expected to raise around $30bn in the largest ever primary share offering globally.

The financial technology titan is preparing to hold concurrent IPOs on Hong Kong’s bourse and the Shanghai Stock Exchange’s technology-focused Star board. It won approval to float from the HKEX listing committee on Monday, shortly after the China Securities Regulatory Commission gave the firm the greenlight to seek ...

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