By Scott Murdoch
HONG KONG (Reuters) - Ant Group's planned sale of up to $30 billion worth of shares is set to revive fortunes for Hong Kong Exchanges and Clearing Ltd (HKEX) which fell to fifth rank as a destination for initial public offerings (IPOs) in the first half of 2020.
China's dominant mobile payments firm and fintech arm of Alibaba Group Holding Ltd on Tuesday filed for a dual-listing in Hong Kong and on Shanghai's STAR Market in what could be the world's largest IPO.
The IPO comes as Beijing's imposition of a security law in Hong Kong and Washington's consequent termination of some agreements with the territory has triggered questions about Hong Kong's future as a financial hub.
Hong Kong was the world's top listing venue in 2019, due to Alibaba's $12.9 ...
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