According to reports, according to a person familiar with the matter, ant group plans to list on the Hong Kong Stock Exchange and the Shanghai Stock Exchange’s Kechuang board as early as October, with a target valuation of about US $225 billion, which will become the largest IPO in the world. A person familiar with the situation said that if the market is optimistic about the line of $100 million. < p > < p > in the quarter ending March this year, ant group contributed about $1.3 billion to Alibaba, which is also Ma Yun’s most valuable asset. Ant group from the initial financial technology platform has gradually evolved into an “all-round” online shopping mall, providing loans, travel services and takeout services, in order to win back consumers from Tencent. With data from nearly one billion users on Alipay, the ant group has entered the financial services industry in a large scale, providing technology such as intelligent financial management, lending platform, and expanding its own financial advisory services. < / P > < p > it is reported that the $30 billion dual listing may become the largest initial public offering in the world, surpassing the record $29.4 billion IPO of Saudi Arabia’s Arab American oil company. The $225 billion target valuation also exceeds the combined market capitalization of Goldman Sachs and Morgan Stanley.