Sources: Ant Group's IPO Valuation Range Hits USD 380 Bn to USD 461 Bn
The projected IPO valuation range of Ant Group has been increased to USD 380 billion-USD 461 billion, according to people familiar. This is around 35% to 65% higher than USD 280 billion, the figure that was widely discussed within the industry.
The tech giant has received approval from China's top market regulator CSRC to list its stocks in Hong Kong and Shanghai.
This text is a result of machine translation.
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