Published On: Oct 30, 2020

Retail investors placed bids for a record $3 trillion of shares in Ant Group Co Ltd's initial public offering (IPO), set to be the world's biggest, as mom-and-pop savers bet on demand for its financial services in China. Ant's dual listing is set to raise about $34.4 billion, split fairly evenly between Shanghai's STAR Market and Hong Kong, topping Saudi Aramco's $29.4 billion listing last December.  

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