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Caixin

Ant Group shows solid growth as it marches to possible record IPO

Insiders say Alibaba's financial affiliate wants to sell about 15% of itself

An Alipay logo is seen at a cashier in Shanghai. Ant is likely to sell about 10% of its shares into the Shanghai listing, and another 5% in the Hong Kong listing.   © Reuters
YANG GE, Caixin | China

When the record books are written, the upcoming IPO by Alibaba's financial affiliate Ant Group could well go down as the biggest listing of all time.

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