News Snapshot:
HONG KONG: Ant Group Co Ltd on Monday set the price tag for the Shanghai leg of its record-breaking dual-listing at 68.8 yuan (US$10.27) per share, the Chinese fintech company said in a stock exchange filing. Ant is set to raise 114.9 billion yuan (US$17.15 billion) from the Shanghai part of its dual-listing, which is set to be the biggest initial public offering (IPO) in China, eclipsing Agricultural Bank of China's US$10.1 billion float in 2010, Refinitiv data showed. Ant, backed by e-commerce group Alibaba , also set the price for the Hong Kong tranche at HKUS$80 (US$10.32) per share...
