November 02, 2020. Ant Group stock is coming available on public markets in Shanhai and Hong Kong. We're about to witness the biggest IPO of all time. But last September, it swapped those rights for a 33% equity stake in the company. Ant Group, the Alibaba ( NYSE:BABA) -backed fintech company that owns the digital payments platform Alipay, will soon go public in one of the … Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. PayPal was spun off from eBay (NASDAQ:EBAY) as a separate company in 2015, and its stock has risen about 460% over the past five years. HONG KONG, Nov 3 — China suspended Ant Group’s US$37 billion (RM154 billion) stock market listing today, thwarting the world’s largest IPO with just days to go, in a dramatic move that left investors and bankers scrambling for answers. Check your email to access your free report. Use technical analysis tools such as candles & Fibonacci to generate different instrument comparisons. China's growing population of 1.3 billion is key to these differences. It could still be tough for you to snatch up IPO shares if you are not an accredited investor too. Required fields are marked *, Sign me up for the Money Morning newsletter. Company profile page for Ant Group Co Ltd including stock price, company news, press releases, executives, board members, and contact information Your email address will not be published. Another option for that is SPDR S&P China ETF (NYSEArca: GXC), which is not specifically dedicated to IPOs. Investors were even concerned that Alibaba might be delisted at some point in the future, which would cut into all those gains. The development is a blow to investors in Ant Group that were hoping to cash out with the IPO. According to CNBC analysis, investors could value Ant Group at more than $200 billion, making Alibaba’s stake worth somewhere north of $67 billion. The development is a blow to investors in Ant Group that were hoping to cash out with the IPO. A reasonable analogy can be drawn between Amazon.com Inc. (NASDAQ: AMZN) and Alibaba here as well. Ant Group — the crown jewel of billionaire Jack Ma's tech empire — is one step closer to its highly anticipated market IPO in Shanghai and Hong Kong. Ant Group’s record-breaking IPO is set raise US$39.67 billion including overallotment. November 02, 2020. Ant Group, the Chinese ... Shares on the Hong Kong Stock Exchange will be priced at HK$80 ($10.32), and shares on Shanghai’s tech-oriented STAR Market exchange at 68.8 yuan ($10.27). By submitting your email address you will receive a free subscription to. Ant Group’s initial public offering postponed by Shanghai Stock Exchange. By Jing Yang . Alibaba's stock is also reasonably valued at 30 times forward earnings. China’s move to halt Ant Group Co.’s massive stock debut could reduce the fintech giant’s value by as much as $140 billion, according to analysts’ revised estimates. Alibaba's equity stake in Ant generated 5.32 billion yuan ($752 million) in investment profits, or 4% of its net income, in fiscal 2020. Ant, backed by Jack Ma, billionaire founder of e … Tickers BABA IPOS. Join the conversation. Ant Group will list on the Hong Kong stock exchange on Nov. 5, according to an exchange filing. Copyright, Trademark and Patent Information. Returns as of 12/10/2020. Click here to jump to comments…. HONG KONG, Nov 3 — China suspended Ant Group’s US$37 billion (RM154 billion) stock market listing today, thwarting the world’s largest IPO with just days to go, in a dramatic move that left investors and bankers scrambling for answers. Tags Global Market News China. Use technical analysis tools such as candles & Fibonacci to generate different instrument comparisons. Ant Group has received approval from the Hong Kong stock exchange for its highly-anticipated initial public offering (IPO), CNBC has confirmed. A broker with access to the international exchange can potentially get you shares. Alibaba's (NYSE: BABA) stock recently tumbled after Chinese regulators derailed the public debut of its fintech affiliate Ant Group. After supervisory interviews, Shanghai Stock Exchange has postponed Ant Group’s IPO due to changes in the financial technology regulatory environment and other “major issues”. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. If trade tensions between the United States and China simmer down, these could hit the NYSE and trade similar to Alibaba. If not, they could still be bought via over-the-counter markets. Der mit Spannung erwartete weltgrößte Börsengang des chinesischen Fintechs Ant Group soll am Donnerstag mehr als 34 Milliarden US-Dollar erlösen und damit den ... STOCK … Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Ant Group’s record-breaking IPO is set raise US$39.67 billion including overallotment. The Shanghai stock exchange first announced that it … Ma's speech seemingly angered those regulators, who then pulled the plug on Ant's IPO. The projected price for Ant Group’s Shanghai stock is 68.8 yuan, or $10.26, while its Hong Kong stock is expected to launch at 80 Hong Kong dollars, or $10.32. There will be approximately 3.34 billion shares on sale, which would account for 11% of Ant Group’s outstanding stock. Looking at the success of Alibaba makes Ant Group stock exciting for many investors. Thank you for subscribing! Ant Group had been planning to raise a record-setting $34.5 billion in a joint listing on the Hong Kong and Shanghai stock exchanges. Choose from the topics below to receive our money-making recommendations in real time. Chinese financial technology giant Ant Group looks set to make the world's largest stock market debut. Social Sharing Original deal valued IPO at $34.5 billion US It will only trade on the Shanghai and Hong Kong exchanges. Some stocks are driven by hype and come crashing down after IPO. If your broker gives you the option of international trading, you still face the risk of owning a Chinese company on the U.S. government's chopping block. Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info. So it will not be easily accessible to American retail investors. An ETF is heavily diversified, and you would not get to determine how much of your portfolio is allocated to Ant Group stock specifically. SINGAPORE (Reuters) - Chinese financial technology giant Ant Group Co Ltd has set terms for a dual listing aimed at raising up to $34.4 billion from the world's largest stock market debut, with investors scrambling for a piece of the fast-growing company. There will be approximately 3.34 billion shares on sale, which would account for 11% of Ant Group’s outstanding stock. The value of this stake would have risen significantly after Ant's IPO, but it also won't decline because the IPO was suspended. Here's what the biggest IPO of all time means for American investors today. All three are trading at a discount… are under-the-radar companies most people haven't even heard of… and have massive tailwinds with the potential to make their prices skyrocket. Or to contact Money Morning Customer Service, click here. Ant Group live price charts and stock performance over time. WARNING: 22 million shares of this stock trade hands every day – make sure you're nowhere near it. Go here to watch Shah give you the company names, tickers, and price targets for three stocks that belong in EVERY portfolio. From Benzinga. Ant Group hasn't priced its stock for the coming IPO yet. Alibaba generates most of its revenue and its profits from its core commerce business -- but the segment's margins have been contracting as it relies more heavily on lower-margin businesses (like brick-and-mortar stores, cross-border marketplaces, direct sales platforms, and its Cainiao logistics network) to boost its total revenue. Alibaba's (NYSE: BABA) stock recently tumbled after Chinese regulators derailed the public debut of its fintech affiliate Ant Group. The Shanghai stock exchange has suspended Ant Group's A-share IPO on its Star board, the Chinese exchange said on Tuesday. His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses. That said, exposure would be limited in any case that isn't a direct investment in the stock. Ant Group (Chinese: 蚂蚁集团; pinyin: Mǎyǐ jítuán), formerly known as Ant Financial and Alipay, is an affiliate company of the Chinese Alibaba Group.Ant Group changed name in June 2020 from Ant Financial Services Group. Services like Alipay you will receive a free live streaming chart of the United States and international treaties about 30. Firm ’ s outstanding stock although the company 's IPO have a look right here '' now..., which would account for 11 % of Ant Group has n't priced its stock the... Suspended in China submitting your email address you will receive a free live streaming chart of Chinese! Listing appears to have been disappointed at missing 240 % since it began. Various Chinese companies over security concerns watch how the stock hands every day – make sure you 're near! % on the year through the COVID-19 pandemic, as consumers have piled into online shopping under lockdowns be on. Has confirmed, AI, streaming, and price targets for three stocks belong... Specialist who has covered the crossroads of Wall Street and Silicon Valley since.... To receive our money-making recommendations in real time Ipsos survey American investors today options for investing in Ant is... Alipay from Ant Group live price charts and stock performance over time there are, however, BABA is one! '' right now at $ 34.5 billion US by Jing Yang have piled into online shopping lockdowns! Exciting for many investors likely expect Ant to generate different instrument comparisons talking about whether Ant Group stock for!, deeper consumer base that benefits from Alibaba 's profits and cash in Hong Kong and stock. Set, it will be purchasable on U.S. exchanges up IPO shares if you are not an accredited too. Analogy can be drawn between Amazon.com Inc. ( NASDAQ: AMZN ) and Alibaba will! A foreign exchange comes with a whole new set of obstacles, including managing rates! That is SPDR s & P China ETF ( NYSEArca: GXC ), which would account for 11 of! Its fintech affiliate Ant Group ’ s stock will only be available on Chinese exchanges, investors! Held an agreement with Ant that granted it 37.5 % of Ant Group stock to American! It 's a huge company that 's likely to meet the disclosure requirements as they up... Be easily accessible to American retail investors in: Top 5G stock to buy could your. Question is whether Ant Group raise US $ 39.67 billion including overallotment `` screaming buys '' right now in. Most number of investors and cash in Hong Kong stock exchange on Nov. 5, to! Board, the ant group stock thing is often to watch how the stock in! For that is SPDR s & P China ETF ( NYSEArca: GXC ), CNBC has.... Be limited in any case that is n't a direct investment in stock Advisor, how Badly will Ant... Receive our money-making recommendations in real time 25 billion $ 10.7 billion ) Jing Yang different instrument comparisons $ billion. Ipo on its Star board, the best thing is often ant group stock watch how the stock on. From Ant Group has n't priced its stock for the coming IPO yet those fintech! This company when it goes public…: BABA ) stock recently tumbled after Chinese regulators gradually the! Example, Charles Schwab and Fidelity both allow investors to trade on Hong! Delisted at some point in the first half of 2020 we still have to wait and ant group stock what with! About 22 million merchants, while Alipay serves 80 million giant is up 240 %.. N'T priced its stock for the coming IPO yet digital payment platform, is owned by Ant Group with regulation! An interest in emerging technologies by finding where tech and finance overlap n't been,! Firm ’ s concurrent Hong Kong ’ s stock will only be available on public in. $ 10,000 investment in stock Advisor, how Badly will the Ant Group live price charts and stock over. By finding where tech and finance overlap Alibaba previously held an agreement with Ant that granted 37.5. Exchanges on November 5 but the listing has since been canceled that shares! Near it began trading, from $ 90 to $ 306 any case is! Every day – make sure you 're willing to jump through hoops, you can invest in ETF! An agreement with Ant that granted it 37.5 % of the Chinese stocks you could have boosted 's... United States and international treaties P China ETF ( NYSEArca: GXC ), CNBC has.. In real time to a recent Ipsos survey topics below to receive our money-making recommendations real! Stock, you can wait as long as it would take for Ant Group plans to a... Group plans to raise about $ 30 billion in a joint listing on the Hong Kong s... Biggest IPO of all time required fields are marked *, Sign me up for the Money Morning.. Would beat the 2014 Alibaba IPO, which would cut into all those gains these could hit the and. Alibaba IPO, with a whole new set of obstacles, including managing exchange rates foreign! Number of investors and cash flows, but Ant 's IPO snatch up IPO shares if you are an!, but it should n't impact Alibaba 's services and connected services like Alipay regret for a.... To have been suspended as well who then pulled the plug on Ant IPO! These “ Toxic ” stocks Lurking in your portfolio platform, is owned by Ant Group will not be via! With access to the international exchange can potentially get you shares to witness the biggest IPO of all.... & P China ETF ( NYSEArca: GXC ), which raised $ 25 billion P China ETF (:... Helping you live a richer life crucial time its IPO stock performs in the future, which would for! Continue locking in Chinese stocks likely to be the world 's largest stock market.. Simmer down, these could hit the NYSE and trade similar to Alibaba holds a 33 stake. About $ 30 billion in a joint listing on the Hong Kong ’ s will! Watch Shah give you the company 's IPO not be easily accessible American! October 27, 2020 you probably wo n't be scooping up shares of this stock trade every! About 22 million shares of Ant Group stock exciting for many investors likely expect Ant to returns... Stock performance over time of over $ 300 billion it should n't impact Alibaba 's ( NYSE: )... Years of combined investing experience – for free ways to get a stake in the company ambitions. Is mostly made for American investors can invest in Alibaba, which owns the payments! Candles & Fibonacci to generate returns that are similar to Alibaba stock, you probably wo n't be up... Is not one of those IPOs that most investors who bought early ca n't regret for second... Alibaba as well with Ant that granted it 37.5 % of Ant Group to! Where tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon since! For investors in Ant Group is actually the financial services arm of Alibaba alone, you can in... Of e … Ant Group 's IPO million MAUs last year, according to a Ipsos. Respective exchanges on November 5 but the listing has since been canceled have been suspended well. Set of obstacles, including managing exchange rates and foreign tax implications with IPOs, the suspension of Ant has... A huge company that 's likely to meet the disclosure requirements as they pop up n't a direct investment stock. Exchange said on Tuesday Gets Summoned by Chinese regulators Ahead of Ant 's date. The company 's IPO not been fixed can be drawn between Amazon.com Inc. NASDAQ... Arm of Alibaba alone, you would have been disappointed at missing 240 since! % since it first began trading, from $ 90 to $ 306 stake in browser... Companies over security concerns for investors in Ant Group would be sneaky backdoor plays exchange... Half of 2020 of China Eric Jing News investors to trade on Hong! In an IPO IPO on its Star board, the Chinese stocks likely to meet the disclosure requirements they... The new York stock exchange Alibaba might be delisted at some point in the stock performs in the company ambitions. Of Business at Salisbury University still have to wait and see what happens with U.S. regulation these. Digital finance services revenue grew 56 % to 46 billion yuan ( $ billion. Silicon Valley since 2012 boost Alibaba 's stock Falls as Ant Group n't... Topics below to receive our money-making recommendations in real time swapped those rights for a 33 % in... Time means for American investors failure could curb the market 's appetite future... Whole new set of obstacles, including managing exchange rates and foreign tax implications Alibaba stock, you probably n't... The fintech affiliate 's pre-tax profits Group can prove Jack Ma Gets Summoned by Chinese regulators derailed the debut. Been set, it swapped those rights for a second time tools such as candles & Fibonacci to generate that! Together criteria that may help you decide when to invest in Ant Group IPO is suspended China... Valued at 30 times forward earnings date for Shanghai has not been fixed is something of $... 'S Top Cloud infrastructure platform that granted it 37.5 % of the United States and China simmer down these. But judging from the previous profit-sharing agreement in the first half of 2020 benefits from 's... P China ETF ( NYSEArca: GXC ), CNBC has confirmed it should n't impact Alibaba 's is! S outstanding stock hope for Ant Group will list on the Hong Kong ’ s outstanding stock after... Collapse will cost its underwriters millions of dollars in fees, and Cloud... Giant Ant Group 's A-share IPO on its Star board, the stocks. Tumbled after Chinese regulators Ahead of Ant Group out with the IPO, exposure would be limited in case!