Hong Kong: China's Ant Group could raise 35 35 billion through IPOs in Shanghai and Hong Kong. If that happens, it will be the largest IPO in the history of the world. Alibaba-linked Ant will list its shares in the Shanghai and Hong Kong markets.
Ant operates a variety of different financial products. It also has China's Alipay digital wallet. It is one of the largest money market funds in the world. Ant's share in Shanghai was 68.8 yuan ($ 10.26) on Monday and Hong Kong's was 80 Hong Kong or 10.32 US dollars. The company will raise 34 34.5 billion through an IPO.
The IPO is much higher than last year's 29 29 billion from petroleum company Saudi Aramco. In this way, Anton's IPO will become the largest IPO in the world .
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