News Snapshot:
Chinese fintech company Ant Group poised to break IPO record by raising $34.5B By 118 SHARE The China-based fintech firm Ant Group is poised to shatter global IPO records with an expected capital raise of $34.5 billion with dual listings in Hong Kong and Shanghai. Ant Group is an Alibaba-affiliated firm that offers a suite of financial products, such as the Alipay digital wallet which is popular throughout China. Jack Ma founder Alibaba Group and raised $25 billion in its New York IPO. The IPO is expected to launch on Nov. 5 on the Hong Kong Stock Exchange. It is...
