Shanghai retail book of Ant Group's IPO oversubscribed 872 times

Shanghai retail book of Ant Group's IPO oversubscribed 872 times

Photographer: Anthony Kwan/Bloomberg

The domestic retail book of Ant Group Co Ltd’s $34.4 billion dual listing was 872 times oversubscribed as individual investors in China scrambled for a slice of the world’s largest initial public offering (IPO), a company filing showed.

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