Jack Ma's Ant Group gets the green light from Chinese regulators for its Hong Kong IPO, a report says

Jack Maࢀ™s ANT Group has received approval from Chinese regulators for its Hong Kong part of its IPO, CNBC reported Monday. A confidential source told CNBC a hearing with the Hong Kong Stock Exchange is scheduled to take place Monday. The company filed for an IPO in Hong Kong and Shanghai in August. Bloomberg reported in September Ant Group is seeking a $US250 billion valuation, likely making it the largest IPO ever. Visit Business Chinese regulators have given Jack Maࢀ™s Ant Group the green light for its Hong Kong based IPO, CNBC said Monday. Citing a source familiar to the…