News Snapshot:
© . FILE PHOTO: Alipay logo is pictured at the Shanghai office of Alipay, owned by Ant Group which is an affiliate of Chinese e-commerce giant Alibaba, in Shanghai () – China’s securities regulator has approved financial tech firm Ant Group’s Hong Kong leg of a planned dual-listing worth about $35 billion, IFR reported on Monday citing unnamed people familiar with the matter. Ant, backed by e-commerce giant Alibaba Group (HK:), (N:) plans to seek listing approval from Hong Kong’s stock exchange on Monday and the China Securities Regulatory Commission will approve Ant’s Shanghai leg of the listing plan, IFR...
