HONG KONG -- Ant Group, an Alibaba affiliate and the world's most valuable fintech, is putting the final touches on what is shaping up to be the world's largest initial public offering.
Aiming for a valuation of over $250 billion, the company hopes to raise $35 billion in a dual listing split equally between Hong Kong and Shanghai, according to people familiar with the matter. That would smash Saudi Aramco's $29.4 billion offering last year.
