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Ant Group is holding the biggest IPO of all time – here's what it is

  • Written by Michael Wade, Professor of Innovation and Strategy, Cisco Chair in Digital Business Transformation, International Institute for Management Development (IMD)
Ant Group is holding the biggest IPO of all time – here's what it isAnt climax. wcarrot_007

Ant Group is likely to pull off the largest initial public offering (IPO) in history when it goes public on the Hong Kong and Shanghai exchanges on November 5. The Chinese digital finance giant is hoping to raise US$34.4 billion, eclipsing flotations by Saudi Aramco (US$29.4 billion) and its cousin Alibaba (US$25 billion).

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