Chinese fintech could shatter records with $35B share offer Huron Daily Tribune


Source: michigansthumb.com michigansthumb.com

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Chinese fintech could shatter records with $35B share offer Updated 10:39 am EDT, Monday, October 26, 2020 FILE - This July 20, 2020, file photo, shows, the app for Alipay, the mobile payments service operated by Ant Group, on a smartphone in Beijing. China’s Ant Group will try to raise nearly $35 billion in its initial public offering in Shanghai and Hong Kong, which would make it the largest share offering in history. Alibaba-affiliated Ant Group, which operates a suite of financial products including the widely-used Alipay digital wallet in China and one of the world’s largest money market funds,...