Ant Plans $17.5 Billion Hong Kong IPO, No Cornerstones
A Quick Response (QR) code for digital payment service Alipay by Ant Group, an affiliate of Alibaba Group Holding Ltd. (Photographer: Chan Long Hei/Bloomberg)

Ant Plans $17.5 Billion Hong Kong IPO, No Cornerstones

(Bloomberg) -- Jack Ma’s Ant Group Co. is seeking to raise $17.5 billion in its Hong Kong share sale and won’t seek to lock in cornerstone investors, confident there will be plenty of demand for on...
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