Question: In 2020, Ant Group was headed for the largest initial public offering in history, expected to surpass the current recordholder- the IPO of another Chinese

In 2020, Ant Group was headed for the largest initial public offering in history, expected to surpass the current recordholder- the IPO of another Chinese company, Alibaba. Ant was aiming for a dual listing of its shares in Hong Kong and Shanghai amid tensions between the U.S. and China. Discuss what made Ant Group a candidate for the largest IPO.

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