10/20, 4:17 PM (Source: TeleTrader)
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Ant Group gets HK Exchange approval for IPO - report

World's biggest fintech startup Ant Group said on Tuesday it got the approval from the Hong Kong stock exchange for its longly awaited initial public offering (IPO), clearing the major regulatory problems before its listing.

According to CNBC, the Chinese technology behemoth passed a hearing with the exchange on Monday.

Ant Group’s listing could be one of the biggest of all time. According to the media, the listing could raise up to $35 billion.

Breaking the News / TF