Ant Group gets Hong Kong stock exchange approval, clearing last major hurdle for its massive IPO

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Ant Group has received approval from the Hong Kong stock exchange for its highly-anticipated initial public offering (IPO), CNBC has confirmed.

The Chinese technology giant passed a hearing with the exchange on Monday, a person familiar with the matter said.

The Ant Group Co. logo and the Alibaba Group Holding Ltd. logo are displayed behind a reception desk at the company's headquarters in Hangzhou, China, on Monday, Sept. 28, 2020.GUANGZHOU, China — Ant Group has received approval from the Hong Kong stock exchange for its highly-anticipated initial public offering , clearing the last major regulatory hurdle before its listing, CNBC has confirmed.

 

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