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Alibaba Group’s financial affiliate is planning an initial public offering in mainland China in 2017, reported the state-run Shanghai Securities News, citing documents it obtained from asset management firm CDH Investments. Zhejiang Ant Small & Micro Financial Services Group is valued at $ 35 billion to $ 40 billion. Before going [...]
from Forbes Real Time http://onforb.es/1vEobHi
Alibaba Group’s financial affiliate is planning an initial public offering in mainland China in 2017, reported the state-run Shanghai Securities News, citing documents it obtained from asset management firm CDH Investments. Zhejiang Ant Small & Micro Financial Services Group is valued at $ 35 billion to $ 40 billion. Before going [...]
from Forbes Real Time http://onforb.es/1vEobHi
