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

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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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