five investment funds raised about $ 10 billion within a few days, in order to pump them into Ant Group's upcoming IPO this October, despite the US President's threats to impose sanctions The company.
According to Arabiya Net, about ten million investors have poured money through the Alipay digital platform, into the five investment funds that were launched two weeks ago, which aim to invest 10% , Of its assets in Ant Group shares.
The affiliate of the Alibaba Group is seeking to raise $ 35 billion through its dual subscription on the Hong Kong and STAR Market in Shanghai.
It is expected to be the largest global IPO ever.
