Goldman Sachs joins Ant Group's up to $30 bn IPO banking syndicate: Report

Topics Ant Financial | IPOs | Hong Kong


By Julie Zhu, Kane Wu and Scott Murdoch HONG KONG (Reuters) - Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's mammoth initial public offering of up to $30 billion, two people with direct knowledge of the matter said. Ant, backed by Chinese e-commerce giant Alibaba Group <9988.

HK>, plans to list simultaneously in Hong Kong and Shanghai, in what sources have said could be the world's largest IPO and come as soon as October. Wall Street major Goldman.

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