Hong Kong bets on Ant's giant IPO to keep up listings bonanza

Hong Kong bets on Ant's giant IPO to keep up listings bonanza

REUTERS/Bobby Yip

Hong Kong bankers and investors hope Ant Group’s huge initial public offering will crown a stellar year for listings — but they know it will be pivotal for the direction of the territory’s stock market and for China’s ability to rival U.S. exchanges as a place to raise money.