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Ant Group's international arm is raising $1 billion in a round that could value Ant International at $10 billion or higher. The funding may set the stage for a Hong Kong IPO as soon as this year, reviving plans halted by Chinese regulators in 2024.
Ant International, the cross-border business of Ant Group, is considering raising roughly $1 billion at a valuation above $10 billion. The funding round could pave the way for a potential initial public offering in Hong Kong as soon as this year, according to sources familiar with the matter.
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