Ant International plans to raise $1 billion in Hong Kong IPO, Ant Group: No comment.

Recently, foreign media reported that Ant Group's overseas arm, Ant International, registered in Singapore, plans to raise about $1 billion in funding to accelerate business expansion and pave the way for a possible listing in Hong Kong as early as this year. The valuation of this round of financing may reach or exceed $10 billion. When asked about this news, Ant Group declined to comment.