Ant Group stock may return to the market after split with Alibaba

The split of Alibaba (NYSE:BABA) could draw attention to Ant Group's suspended record IPO in November 2020, according to a CNBC report.

Kingston Securities chief executive Dicky Wong believes Alibaba is aiming for a bigger target and suggests that Ant Group will eventually go public. He considers this the biggest goal for the Alibaba Group.

Alibaba owns 33% of Ant Group, which operates AliPay, one of China's top two mobile payment apps.