Ant Financial Services Group, the fintech subsidiary of Jack Ma’s Alibaba Group, is set for an Initial Public Offering (IPO) on both the Hong Kong Stock Exchange and Shanghai Stock Exchange’s STAR board. The details Announcing the development early Monday morning through a press statement that was published on its website, Ant Group said the concurrent IPO will “accelerate” its main goal of ensuring that China’s service industry eventually becomes digitised. In the same vein, the IPO is also expected to help Ant Group to expand investments in technology and innovation, whilst...