Ant, the titan of fintech in China, is seeking a dual listing in Hong Kong and Shanghai and when it is listed, it is believed that Ants IPO will probably be the biggest IPO in history. If Ants listing is successful, it will have a market capitalisation that is comparably to JP Morgan Chase, the world's biggest bank that begun in 1799. It took Ant less than 20 years to achieve what JP Morgan Chase has achieved in 221 years. Discuss and explain the factors behind the meteoric rise of Ant in China. Make good uses of examples, statistics and events to augment your discussion. Word Limit: Less than 1,500 words (25 marks) Ant, the titan of fintech in China, is seeking a dual listing in Hong Kong and Shanghai and when it is listed, it is believed that Ants IPO will probably be the biggest IPO in history. If Ants listing is successful, it will have a market capitalisation that is comparably to JP Morgan Chase, the world's biggest bank that begun in 1799. It took Ant less than 20 years to achieve what JP Morgan Chase has achieved in 221 years. Discuss and explain the factors behind the meteoric rise of Ant in China. Make good uses of examples, statistics and events to augment your discussion. Word Limit: Less than 1,500 words (25 marks)