China Funds Targeting Ant IPO Rake In $9 Billion From Over 10 Million Investors

Five newly launched Chinese funds targeting Ant Group's upcoming mega stock listing raised 60 billion yuan ($8.93 billion) cumulatively from more than 10 million retail investors, selling out within days, the funds' distributor said.

from Top Tech News- News18.com https://ift.tt/3ltCvgQ