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After investors place an order, Ant leads with a record IPO speed



People familiar with the matter said that after meeting the strong demand of investors, Ant Group Co., Ltd. stopped the institutional buyer’s order collection on Wednesday one day earlier than originally planned.

The fintech giant, which is partly owned by Alibaba Group Holdings, will raise at least US$34.4 billion through dual listings in Shanghai and Hong Kong, and sell approximately US$17.2 billion in stocks in each market.

That one…


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