Future Finance
Jack Ma’s Ant Seeks $200 Billion Value in Landmark Dual IPO
- Ant is planning to list on Shanghai’s STAR market, Hong Kong
- Firm was valued at $150 billion in previous funding round
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Billionaire Jack Ma’s Ant Group is seeking a valuation north of $200 billion as it goes public in Hong Kong and Shanghai, people familiar with the matter said, kicking off a much-anticipated market debut for China’s leader in internet finance.