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Ant Group Intends to Fetch US$30B in A+H Listing, IPO in Sep Soonest: Report
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2020/08/04 09:09
Ant Group, a subsidiary of BABA-SW (09988.HK), intended to fetch approximately US$30 billion through A+H listing, Caixin reported. If the fundraising amount was nailed, Ant Group's IPO will topple Saudi Aramco's US$29.4 billion.

With the listing preparation under brisk processing, Ant Group was expected to begin IPO arrangement in September or October, the report added.

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