Note: This article is a premium article that first appeared on Patron. Have made it available given the interest around the Ant Group IPO. If you enjoy articles like this, do consider supporting Financial Horse and getting access to premium articles, my personal stock watch list, as well as my personal portfolio allocation. Unless you were living under a rock the past few months, you’ve probably heard about the Ant Group IPO. Very big, and very hot stuff. It’s the largest IPO in the world to date, raising $34 billion USD, even more than the Saudi Aramco IPO. It’s been covered to death by the media, so I won’t repeat what’s been said, but I’ll share some of my views here. There’s a good article from the Nikkei if you want some background: https://asia.nikkei.com/Business/Business-deals/Ant-s-mega-IPO-Five-things-to-know-about-the-fintech-king Prospectus is available here as well: https://www1.hkexnews.hk/app/sehk/2020/102484/documents/sehk20102101021.pdf Pricing of the Ant Group IPO The offering will be split evenly between HK and Shanghai:...