‘World’s Largest IPO’ China Ant Group’s Market Cap to Overtake Finland’s GDP

News Snapshot:

Ant Group Lists Shanghai-Hong Kong Stock Exchanges Next Month Issuing 3.3 billion shares to raise ’39 trillion won’…’the best’ in IPO history Market cap of 355 trillion… Finland’s GDP surpasses PayPal’s market cap Marwin became the 11th richest in the world…and beat the L’Oreal heir The market capitalization of Ant Group in China, which is set to go public in the world next month (IPO), is expected to surpass Finland’s gross domestic product (GDP). Founder Ma Win, who owns an 8.8% stake, will become the 11th richest man in the world, overtaking Oracle’s Larry Ellison and Francois Bettencourt Myers, famous...