News Snapshot:
HONG KONG (AP) " China's Ant Group will try to raise nearly $35 billion in a public offering of shares in Shanghai and Hong Kong, which would make it the largest 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, will hold dual listings in Shanghai and Hong Kong. Its Shanghai stock was priced at 68.8 yuan ($10.26) each, while its Hong Kong stock is priced at 80 Hong Kong dollars apiece ($10.32), according to filings on Monday. The...
