China's Ant wins Hong Kong nod for $35 billion dual listing, sources say


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By Julie Zhu HONG KONG (Reuters) - China's Ant Group Co Ltd [IPO-ANTG.HK] has won approval from the Hong Kong stock exchange for the offshore leg of its IPO, two sources said, clearing the last key regulatory hurdle to launch its dual-listing expected to be worth about $35 billion. Backed by Chinese e-commerce giant Alibaba Group Holding Ltd , Ant passed the hearing with the exchange's Listing Committee on Monday, the sources said, speaking on condition of anonymity because the information is not public. The company plans to list simultaneously in Hong Kong and on Shanghai's STAR Market in the...