Hong Kong | Ant Group is poised to raise up to $US34.4 billion ($48.2 billion) in the world's largest sharemarket debut as investors rush to buy into the fast-growing Chinese fintech giant despite risks of greater scrutiny at home and abroad.
The dual listing, a first for Shanghai's Nasdaq-style STAR Market and Hong Kong, would value Ant at about $US312 billion before the so-called greenshoe option for a 15 per cent over-allotment of shares.