Chinese company files for record-breaking IPO
Ant Group, China's largest fintech company and the world's most valuable unicorn, has filed for an IPO in Hong Kong and Shanghai. For the deal, it can be valued at $225 billion, and it hopes to raise $30 billion - if it succeeds, Ant Group will break the record of the oil giant Saudi Aramco. The company will hold an IPO in Hong Kong and Shanghai, write Reuters and Bloomberg . Their sources say that the company is going to place at least 10% of new shares.