Jack Ma's Ant Group wins swift approval for Shanghai listing

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Chinese billionaire Jack Ma's Ant Group, China’s largest digital payments provider, has received the approval to proceed with its blockbuster listing on the tech-focused Stock Market on the Shanghai Stock Exchange just four weeks after filing, said the bourse on Friday.

After the approval, the paperwork for Ant's onshore listing will pass to the China Securities Regulatory Commission for registration before it begins a process of marketing the shares to investors, and for setting a price.

Ant reportedly aims to open books after China’s week-long National Day holiday on . . .

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