News Snapshot:
(Bloomberg) -- Jack Ma’s Ant Group Co. won approval from the Hong Kong stock exchange for its initial public offering, clearing a key hurdle as the Chinese fintech giant races to complete the sale ahead of the U.S. election. Ant had its listing hearing with the exchange Monday, according to people familiar with the matter. The company has received a post-hearing letter from the exchange to proceed with its IPO in Hong Kong, according to a person familiar with the matter. A representative for the company declined to comment. The Hong Kong stock exchange declined to comment in an emailed...
