The latest overhaul in Alibaba's business announced overnight could be seen as calls for renewed interest for the $34.5 billion listing of Ant Group.
"I truly believe [Alibaba is] aiming for a bigger target," said Kingston Securities Executive Director Dickie Wong.
HANGZHOU, CHINA - OCTOBER 27: A logo of Ant Group is seen at the company's headquarters on October 27, 2020 in Hangzhou, Zhejiang Province of China.Ant received approval from the China Banking and Insurance Regulatory Commission earlier this year toTo be clear, there was no mention of Ant in Alibaba's announcement for its overhaul overnight.watch now
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