Hong Kong liquidity to hit record high ahead of Ant IPO


HONG KONG (Reuters) - Hong Kong's aggregate balance, an indicator of Hong Kong dollar liquidity, will hit an all time high on Oct. 29 as the world's largest IPO attracts cash into the financial hub.

Chinese fintech giant Ant Group is looking to raise up to US$34.4 billion in Hong Kong and Shanghai, with the offer split between the two cities.

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Ant Group , IPO , HKMA , Hong Kong

   

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