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Ant makes history with $34bn listing on HK, Star exchanges

By Jonathan Breen
29 Oct 2020

Chinese financial technology company Ant Group has sealed the world’s largest ever IPO, raising $34.4bn from dual listings in Shanghai and Hong Kong. The company built two mammoth order books despite a turbulent week for equity markets globally — although that created serious challenges for bankers allocating the stock. Jonathan Breen reports.

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By Jonathan Breen
29 Oct 2020