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Finance

China's Ant Group prices world's biggest IPO to raise $34.5bn

Retail investor mania for blockbuster listing in Hong Kong and Shanghai

HONG KONG -- Ant Group is set to raise about $34.5 billion in the world's largest initial public offering after setting the prices for a dual listing in Hong Kong and Shanghai that will thrust the Chinese fintech into the ranks of the world's most valuable financial institutions.

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