News Snapshot:
Jack Ma’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 Ma’s Ant Group the green light for its Hong Kong based IPO, CNBC said Monday. Citing a source familiar to the...
