Shanghai exchange says it will review Ant IPO on September 18

HONG KONG (Reuters) – The Shanghai stock exchange said on Wednesday that it would review the listing of Chinese financial technology firm Ant Group on the local STAR Market on Sept. 18.

Ant, backed by Chinese e-commerce giant Alibaba , plans to list simultaneously in Hong Kong and Shanghai, in what sources have said could be the world’s largest IPO at up to $30 billion and come as soon as October.

(Reporting by Julie Zhu and Samuel Shen; Writing by Sumeet Chatterjee; Editing by Kevin Liffey)