Ant Group won final nod from Chinese regulator for its $35 billion IPO

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Jack Ma's Ant Group has won the final nod from Chhina's top securities regulator for the registration of its Shanghai offering, clearing the last regulatory hurdle for its $35 billion dual-listing in Hong Kong and Shanghai.

Ant, the fintech giant backed by Chinese e-commerce group Alibaba Group, plans to list simultaneously in Hong Kong and Shanghai in the coming weeks, industry insiders have said.

The listing could be the world’s largest initial public offering, surpassing the record set by Saudi Aramco’s $29.4 billion float last December. The IPO . . .

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