Ant Group to raise up to US$34.4bil in world's biggest public offering


HONG KONG (Reuters) - Ant Group Co Ltd on Monday set terms for its dual-listing where the Chinese financial technology giant aims to raise up to US$34.4bil in the world's largest market debut, as investors scramble for a piece of the fast-growing company.

Ant, backed by e-commerce group Alibaba, is aiming to raise about US$17.2bil in Shanghai and roughly the same amount in Hong Kong this week, Ant said in filings to the stock exchanges late on Monday.

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Ant Group , IPO

   

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