Fate of Jack Ma's stake in China's Ant Group hangs over mega IPO plan

Fate of Jack Ma's stake in China's Ant Group hangs over mega IPO plan

Photographer: Chris Ratcliffe/Bloomberg

The pending stock sale by China’s Ant Group is shaping up to be one of the largest initial public offerings ever, though the company is expected to put only a stake of 10% to 15% on the market.

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