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Finance

Ant Group clears last hurdle for IPO said to target $35bn

China securities watchdog's blessing paves way for launch as early as Tuesday

The Shanghai office of Alipay, the mobile and online payment platform owned by Ant Group.   © Reuters
NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent | China

HONG KONG -- Ant Group has secured the final regulatory approval to launch what is shaping up to be the world's largest initial public offering as early as next week.

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