Ant's record strategic allocation in Shanghai IPO fuels small investor scramble
https://www.reuters.com/article/us-ant-group-ipo-investors/ants-record-strategic-allocation-in-shanghai-ipo-fuels-small-investor-scramble-idUSKBN2781HM
Chinese fintech giant Ant Group's move to earmark a record 80% of the Shanghai leg of its $35 billion dual-listing for strategic investors has led to a scramble among smaller investors for what some see as a once-in-a-lifetime opportunity.