News Snapshot:
Share this: (Image credit: BigStock/Casimiro) So high is demand for shares in Alibaba’s fintech unit Ant Group that the company has decided to finish its institutional book-building process in Hong Kong a day earlier than planned. Why it matters: Through dual listings in Shanghai and Hong Kong, announced in July , Ant Group is looking to raise $34.4 billion. This would make it the biggest public offering in history, bigger than parent company Alibaba’s listing in 2014 and Aramco’s in 2019. Details: The company will close its Hong Kong books at 5 p.m. on Tuesday, a day earlier than planned....
