Alibaba's Ant Group Lifts Its IPO Proceeds Target to USD 35 Billion
According to industry sources, Chinese fintech giant Ant Group, which has earlier filed for a double-IPO in Hong Kong and on Shanghai's tech board (the Star Market), has increased the amount of capital it is willing to raise through this offering to USD 35 billion.
On September 18, the firm's listing was approved by the Shanghai Stock Exchange.
This text is a result of machine translation.
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