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Alibaba's Ant Financial prepares for IPO - report

Monday 18 April 2016 | 09:29 CET | News
Alibaba's Ant Financial is planning an initial public offering on Shanghai's main board in what could be China's highest IPO valuation since 2010, Bloomberg reported, citing sources familiar with the matter. An IPO at a USD 60 billion valuation would be the biggest on the mainland since Agricultural Bank of China listed in Shanghai in 2010.

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Categories: General
Companies: Alibaba
Countries: China
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