Ant Group said to seek $30b in record-shattering IPO

Ant Group said to seek $30b in record-shattering IPO

An Alipay logo is seen at a cashier in Shanghai January 12, 2017. REUTERS/Ali Song/Files

Financial giant Ant Group is looking to raise around $30 billion in its highly anticipated concurrent IPO in Hong Kong and Shanghai, sources with knowledge of the matter told Caixin.