SHANGHAI: Chinese investors are pouring into newly-launched mutual funds targeting Ant Group's upcoming initial public offering, underscoring strong demand for technology shares at a time when Chinese tech firms are facing increasing U.S. scrutiny.
Alibaba Group's fintech arm Ant Group aims to raise about $35 billion in a dual listing in Hong Kong and Shanghai's STAR Market, expected in October, in what could become the world's largest IPO.
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