How Jack Ma spearheaded a world record shattering IPO of Ant

Chinese financial technology giant Ant Group is set to raise about $34.5 billion from its initial public offering (IPO) in Hong Kong and Shanghai, surpassing the previous record set by Saudi Aramcos $29.4 billion IPO in terms of cash raised last year. Ant's IPO values it at $313 billion, larger than some of the biggest banks in the world, South China Morning Post reported on Monday.

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