Alibaba Affiliate Ant Financial Valued during Nearly $50 Billion

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Investors are unresolved a gratefulness of scarcely $50 billion on Alibaba Group Holding Ltd.’s deal-hungry financial-services affiliate, a latest pointer of ardour for China’s financial-technology sector.

Ant Financial Services Group, China’s many profitable Internet-finance company, skeleton to lift adult to 20 billion yuan ($3.1 billion) in a stream appropriation turn from new and existent investors, according to people informed with the...

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