ant group stock

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February 10, 2020

Click here…. Its net income rose 21% to 21.9 billion yuan ($3.2 billion). Ant was expected to be the world's largest IPO, with a valuation of over $300 billion. WARNING: 22 million shares of this stock trade hands every day – make sure you're nowhere near it. Your email address will not be published. Now that Ant Group Co. Ltd.’s would-be record initial public offering is on ice, what’s next for the high-flying fintech behemoth and investors who hoped to make a quick killing?. If trade tensions between the United States and China simmer down, these could hit the NYSE and trade similar to Alibaba. Copyright, Trademark and Patent Information. It's also poised to beat the current largest IPO of all time, Saudi Aramco, which raised $29 billion when it first sold its shares. Funds like Renaissance Capital's International IPO ETF (NYSEArca: IPOS) have big Chinese portfolios and would likely buy up shares of Ant Group early. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Chinese financial technology giant Ant Group looks set to make the world's largest stock market debut. Alibaba's (NYSE: BABA) stock recently tumbled after Chinese regulators derailed the public debut of its fintech affiliate Ant Group. Ma criticized China's financial regulators, claimed many of the country's banks operated like "pawn shops" with their collateral standards, and he declared that China needed a new financial platform that would extend credit to lower-income customers who lacked sufficient collateral. Maybe if Ant Group displays a similar level of transparency, it will be purchasable on U.S. exchanges. The only difference is PayPal serves about 22 million merchants, while Alipay serves 80 million. The retail portion has lured the most number of investors and cash in Hong Kong’s stock market history. Ant Group hasn't priced its stock for the coming IPO yet. It's already shown promise in Europe, which has tripled the merchants taking Alipay. Ant Group will list on the Hong Kong stock exchange on Nov. 5, according to an exchange filing. A trading date for Shanghai has not been fixed. Alibaba's stock recently tumbled after Chinese regulators derailed the public debut of its fintech affiliate Ant Group. It will only trade on the Shanghai and Hong Kong exchanges. Use technical analysis tools such as candles & Fibonacci to generate different instrument comparisons. November 02, 2020. That said, exposure would be limited in any case that isn't a direct investment in the stock. Ant Group is expected to raise more than $34 billion from its IPO, which would make it the largest-ever market listing – overtaking Saudi Aramco. The development is a blow to investors in Ant Group that were hoping to cash out with the IPO. Ant Group filed its prospectus with the Hong Kong Stock Exchange in what's expected to be the world's largest initial public offering, with listings in both Hong Kong and Shanghai. Its Tmall and Taobao marketplaces will continue locking in Chinese shoppers, and Alibaba Cloud will remain Asia's top cloud infrastructure platform. Choose from the topics below to receive our money-making recommendations in real time. Social Sharing Original deal valued IPO at $34.5 billion US Other stocks might not perform so well, like Lyft Inc. (NASDAQ: LYFT), which has lost over 70% of its price since IPO. Jack Ma no longer leads Alibaba as its CEO or executive chairman, but he still holds a large stake in the company he co-founded over two decades ago. @themotleyfool #stocks $BABA $EBAY $TCEHY $PYPL $SQ, Here's What's Behind Alibaba's Slumping Stock Price, 3 Top Large-Cap Stocks to Buy in December, Alibaba Hasn't Given up on This High-Growth Market, President Trump to Sign Bill That Could Kick Chinese Stocks Off U.S. Ant expects to be valued at $380 billion market when it debuts its 1.67 billion public shares, which would make it one of the largest fintech companies in the world. The Shanghai stock exchange has suspended Ant Group's A-share IPO on its Star board, the Chinese exchange said on Tuesday. 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. Alibaba's Stock Falls As Ant Group IPO Is Suspended In China. Company profile page for Ant Group Co Ltd including stock price, company news, press releases, executives, board members, and contact information Ant Group is actually the financial services arm of Alibaba. Ant's revenue rose 38% year over year to 72.5 billion yuan ($10.7 billion) in the first half of 2020. Cumulative Growth of a $10,000 Investment in Stock Advisor, How Badly Will the Ant Group IPO Debacle Hurt Alibaba Stock? By submitting your email address you will receive a free subscription to Money Morning and occasional special offers from Money Map Press and our affiliates. 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). Just In: Top 5G Stock to Buy Could Double Your Money. Ant Group stock is coming available on public markets in Shanhai and Hong Kong. The Shanghai stock exchange first announced that it … Chinese regulators had already been scrutinizing the ability of Alipay and Tencent's (OTC:TCEHY) Tenpay, which hold a near-duopoly in China's digital payments market, to disrupt the country's mostly state-backed banking sector. 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. There will be approximately 3.34 billion shares on sale, which would account for 11% of Ant Group’s outstanding stock. But once Ant Group stock hits the open market and you have a broker that offers international trading, you can ask about buying shares. Jack Ma's Ant Group has just pulled off the biggest share sale in history, marking a huge win for the Chinese tech champion and the country's stock market. 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. Some stocks are driven by hype and come crashing down after IPO. Today, we're talking about whether Ant Group stock is a buy after its IPO. A successful listing for Ant could have led to future spin-offs and IPOs for Cainiao, Alibaba's streaming media platforms, its growing mobile gaming business, and its other non-core businesses. 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. HKEX CEO was 'disappointed' by suspension of Ant Group IPO, but relieved to see regulation Published Wed, Nov 11 2020 3:33 AM EST Updated … Let's conquer your financial goals together...faster. Similarly, you could invest in an ETF that has shares of Ant Group. Jack Ma Gets Summoned By Chinese Regulators Ahead Of Ant Group's IPO. But trading stocks on a foreign exchange comes with a whole new set of obstacles, including managing exchange rates and foreign tax implications. We still have to wait and see what happens with U.S. regulation of these companies. If you're not holding shares of the stock yourself, of course, your investment in Ant will depend on whatever Alibaba decides to do with its stake in the future. That's certainly dire news for Ant Group, Jack Ma, and investors seeking a piece of the action, but was Alibaba's stock unfairly punished for Ant's suspended IPO? Alibaba, which owns one third of Ant Group, fell as much as … Unlike Alibaba, Ant Group will not be trading via depository receipts on the New York Stock Exchange just yet. Protected by copyright of the United States and international treaties. Square went public five years ago, and its stock has risen more than 22 times from its IPO price. Tickers BABA IPOS. From Benzinga. ET … Will Alibaba's Cloud Business Ever Generate a Profit? IPO Report Ant Group IPO: Five things to know about the Alibaba affiliate ahead of the largest offering in history Last Updated: Oct. 26, 2020 at 2:29 p.m. Tags Global Market News China. Use technical analysis tools such as candles & Fibonacci to generate different instrument comparisons. Another option for that is SPDR S&P China ETF (NYSEArca: GXC), which is not specifically dedicated to IPOs. Within that total, its digital finance services revenue grew 56% to 46 billion yuan ($6.8 billion). 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. This is something of a PayPal or Apple Pay equivalent in China. 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. Your other options for investing in Ant Group would be sneaky backdoor plays. His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses. Ant Group, the Alibaba ( NYSE:BABA) -backed fintech company that owns the digital payments platform Alipay, will soon go public in one of the … Alibaba was a boon for investors in Chinese stocks. Jack Ma Gets Summoned By Chinese Regulators Ahead Of Ant Group's IPO. Get these picks now for free! But judging from the success of Alibaba alone, you could have some hope for Ant Group. Follow Money Morning on Facebook and Twitter. Now, the question is whether Ant Group can prove Jack Ma's genius a second time. 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. A broker with access to the international exchange can potentially get you shares. Ant’s Record IPO Suspended in Shanghai and Hong Kong Stock Exchanges Meeting with Jack Ma and top executives, changing regulatory environment disqualified the listing, Shanghai exchange says At the end of June, Alipay served 711 million monthly active users (MAUs), and its app processed 118 trillion yuan ($17.4 trillion) in payments over the past 12 months. The only thing that would get in the way of Alipay's worldwide success is a potential trade conflict between the United States and China. That would beat the 2014 Alibaba IPO, which raised $25 billion. Those growth rates are comparable to other hot fintech companies like Square (NYSE:SQ) and PayPal (NASDAQ:PYPL), which are both attracting big institutional investors as the rise of mobile payments, unpredictable macro headwinds, and low interest rates all make traditional banks less attractive. 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. There are, however, ways to get a stake in this company when it goes public…. Go here to watch Shah give you the company names, tickers, and price targets for three stocks that belong in EVERY portfolio. The company has ambitions to spread outside of Asia as well. Comment on This Story Click here to cancel reply. The retail portion has lured the most number of investors and cash in Hong Kong’s stock market history. Stock Advisor launched in February of 2002. Get instant access to a free live streaming chart of the Ant Group Co Ltd Stock. Ant Group’s initial public offering postponed by Shanghai Stock Exchange. Although the company's IPO date hasn't been set, it could happen in the next few months. The Shanghai stock exchange first announced that it … See you at the top! Investors were even concerned that Alibaba might be delisted at some point in the future, which would cut into all those gains. While Amazon has around 95 million prime memberships and 300 million active users, Alibaba has 726 million active users – more than the entire U.S. population of 328 million. 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. Others are worthy of that hype. Ant Group is expected to raise more than $34 billion from its IPO, which would make it the largest-ever market listing – overtaking Saudi Aramco. Ant Group live price charts and stock performance over time. Lastly, you can wait as long as it would take for Ant Group stock to offer American Depository Receipts (ADRs). Looking at the success of Alibaba makes Ant Group stock exciting for many investors. Tickers BABA TECH. Ant Group is an arm of the sprawling empire of Alibaba founder Jack Ma. © 2020 Money Morning All Rights Reserved. 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. We've put together criteria that may help you decide when to invest in an IPO – have a look right here. Follow him on Twitter for more updates! The firm’s concurrent Hong Kong listing appears to have been suspended as well. It's a huge company that's likely to meet the disclosure requirements as they pop up. It was also set to be a defining moment for China's exchanges since Ant was exclusively listing the stock in China instead of the U.S. He has combined his degree in Economics with an interest in emerging technologies by finding where tech and finance overlap. Ant, backed by Jack Ma, billionaire founder of e … Shares were expected to go live on their respective exchanges on November 5 but the listing has since been canceled. And it's courtesy of a venture capitalist who once held the same record. Thank you for subscribing! 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. Company profile page for Ant Group Co Ltd including stock price, company news, press releases, executives, board members, and contact information The development is a blow to investors in Ant Group that were hoping to cash out with the IPO. This System Could Make Your Portfolio “Recession-Proof”, Special Report: 5 Stocks Primed for Triple-Digit Gains, New Report: How to Bank Daily Profits on 7 Core Stocks, when to invest in an IPO – have a look right here. Returns as of 12/10/2020. If not, they could still be bought via over-the-counter markets. Ant Group IPO | Here Are 6 Things To Know About Jack Ma's Massive Stock Market Debut Ant Group's listing is expected to be larger than oil giant Saudi Aramco's $29 billion IPO in … However, investors should still see if Chinese regulators gradually tighten the screws on Alibaba and closely scrutinize its long-term expansion plans. Or to contact Money Morning Customer Service, click here. 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”. Lucky for Alibaba investors, however, BABA is not one of the Chinese stocks likely to be delisted. An ETF is heavily diversified, and you would not get to determine how much of your portfolio is allocated to Ant Group stock specifically. The United States has considered restrictions on Alibaba as well as Alipay from Ant Group. Ma's speech seemingly angered those regulators, who then pulled the plug on Ant's IPO. What's good about Ant Group is that the decision is mostly made for American investors. ANT GROUP (EX ANT FINANCIAL) AKTIE und aktueller Aktienkurs. 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. Ant Group live price charts and stock performance over time. Alibaba's (NYSE:BABA) stock recently tumbled after Chinese regulators derailed the public debut of its fintech affiliate Ant Group. Here's what the biggest IPO of all time means for American investors today. Chinese financial technology giant Ant Group looks set to make the world's largest stock market debut. What’s Ant Group Worth? Our Shah Gilani just named three stocks he says are "screaming buys" right now. By Mike Stenger, Associate Editor, Money Morning • October 27, 2020. Ant Group has received approval from the Hong Kong stock exchange for its highly-anticipated initial public offering (IPO), CNBC has confirmed. Required fields are marked *, Sign me up for the Money Morning newsletter. 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. Alibaba holds a 33% stake in Ant, which owns the digital payments platform Alipay. Your email address will not be published. With IPOs, the best thing is often to watch how the stock performs in the months following an IPO. 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. Exchanges. Alibaba is still growing at a healthy pace, and analysts expect its revenue and earnings to rise 44% and 31%, respectively, this year. Alibaba previously held an agreement with Ant that granted it 37.5% of the fintech affiliate's pre-tax profits. Although the company's IPO date hasn't been set, it could happen in the next few months. By Jing Yang . Therefore, the suspension of Ant's IPO is certainly disappointing, but it shouldn't impact Alibaba's near-term growth. But last September, it swapped those rights for a 33% equity stake in the company. Jack Ma, co-founder and former executive chair of Alibaba Group Holdings Ltd. (NYSE: BABA) expects to take Ant Group public to the tune of $34.5 billion next month. For example, Charles Schwab and Fidelity both allow investors to trade on the Hong Kong exchange. You can unsubscribe at any time and we encourage you to read more about our privacy policy. ET First Published: Sept. 24, 2020 at … Tickers BABA TECH. In fact, there are four ways American investors can invest in Ant Group. Although Ant Group’s stock will only be available on Chinese exchanges, US investors can still buy shares. 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. Unless you're willing to jump through hoops, you probably won't be scooping up shares of Ant Group anytime soon. November 03, 2020. It points to a broader, deeper consumer base that benefits from Alibaba's services and connected services like Alipay. Tenpay, which includes WeChat Pay and QQ Wallet, served 940 million MAUs last year, according to a recent Ipsos survey. 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. Watch our short video in which we break down what we know so far about Ant Group’s upcoming IPO and how you may be able to buy shares from the US. Ant Group’s record-breaking IPO is set raise US$39.67 billion including overallotment. Alibaba, which owns one third of Ant Group, fell as … Find the latest 480276 (ANT) stock quote, history, news and other vital information to help you with your stock trading and investing. November 02, 2020. If that was your approach to Alibaba stock, you would have been disappointed at missing 240% growth. The Shanghai Stock Exchange has halted an initial public offering for fintech giant Ant Group, said a statement published on the bourse’s website Tuesday, just one day after Chinese regulators summoned company co-founder Jack Ma and other executives for a meeting. Check your email to access your free report. Tags People's Bank Of China Eric Jing News. Alipay, China's largest digital payment platform, is owned by Ant Group. Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. Both may be in for a long wait as Ant Group adapts its business to tough new regulations on microlending, one of the company’s biggest business drivers, according to analysts, investment bankers and market experts. By submitting your email address you will receive a free subscription to. Alibaba's (NYSE: BABA) stock recently tumbled after Chinese regulators derailed the public debut of its fintech affiliate Ant Group. Those spin-offs could boost Alibaba's profits and cash flows, but Ant's failure could curb the market's appetite for future offerings. Click here to jump to comments…. Ant, backed by Jack Ma, billionaire founder of e-commerce platform Alibaba, is to sell shares worth about $34.4bn (£26.5bn) on the Shanghai and Hong Kong stock markets. 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 People's Bank Of China Eric Jing News. Ant is the financial technology company affiliated with Chinese e-commerce group Alibaba , which went public on the New York Stock Exchange … From Benzinga. Tickers BABA IPOS. Alibaba's stock is also reasonably valued at 30 times forward earnings. The Shanghai stock exchange has suspended Ant Group's A-share IPO on its Star board, the Chinese exchange said on Tuesday. The Shanghai Stock Exchange postponed Ant Group Co.'s blockbuster initial public offering, a day after a quartet of regulatory agencies summoned Jack Ma, the company's controlling shareholder, and top executives to a closed-door meeting. The U.S. has already placed restrictions on various Chinese companies over security concerns. Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. It could still be tough for you to snatch up IPO shares if you are not an accredited investor too. But now, its collapse will cost its underwriters millions of dollars in fees, and a new IPO could take months to file. 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). Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Advisers to Ant … Today, he studies the cybersecurity sector, AI, streaming, and the Cloud. Nachrichten zur Aktie Ant Group (ex Ant Financial) | ANTFI0 | CN0000ANTFI0 The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Here we're going to talk about why investors are excited about this stock, and then we'll cover whether or not there's an opportunity for you to profit from Ant Group stock…. We're about to witness the biggest IPO of all time. 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. It's even up around 40% on the year through the COVID-19 pandemic, as consumers have piled into online shopping under lockdowns. According to CNBC analysis, investors could value Ant Group at more than $200 billion, making Alibaba’s stake worth somewhere north of $67 billion. Many investors likely expect Ant to generate returns that are similar to those of those two fintech leaders, if not better. Are These “Toxic” Stocks Lurking in Your Portfolio? So it will not be easily accessible to American retail investors. It also generated gains from the previous profit-sharing agreement in the first half of 2020. Shanghai stock exchange has suspended Ant Group's listing, dashing its dual-listing ambitions days before record-breaking IPO. Market data powered by FactSet and Web Financial Group. In the first six months of fiscal 2021, Alibaba's stake in Ant generated 7.72 billion yuan ($1.12 billion) in investment profits, or 10% of its net income. A reasonable analogy can be drawn between Amazon.com Inc. (NASDAQ: AMZN) and Alibaba here as well. Ant's stock listing in Shanghai and Hong Kong was suspended after Jack Ma, Alibaba's co-founder and one of Ant's top investors with an 8.8% stake, delivered a controversial speech at a government forum on Oct. 24. Nonetheless, Ant's IPO could have boosted Alibaba's profits at a crucial time. Tags Global Market News China. Ant Group plans to raise about $30 billion in an IPO. These must-have stocks are primed for short- and long-term gains. Ant Group plans to raise about $30 billion in an IPO. November 03, 2020. Save my name, email, and website in this browser for the next time I comment. Ant Group hasn't priced its stock for the coming IPO yet. Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info. The mammoth dual listing for Chinese fintech giant Ant Group will be the world's biggest, according to a pricing determined on Friday night, Alibaba founder Jack Ma said on Saturday.... | December 6, 2020 The world 's largest stock market history named three stocks he says are `` screaming buys right... Is key to these differences consumers have piled into online shopping under lockdowns Co Ltd stock all time for! Points to a free live streaming chart of the fintech affiliate 's pre-tax profits PayPal serves about 22 merchants... Can unsubscribe at any time and we encourage you to read more about our privacy policy,,. Now, its digital finance services revenue grew 56 % to 46 billion yuan ( $ 6.8 billion in... Offering postponed by Shanghai stock exchange on Nov. 5, according to an exchange filing I comment your portfolio the. Jing News months following an IPO is actually the financial services arm of Alibaba alone, you probably n't... By Chinese regulators Ahead of Ant 's revenue rose 38 % year over to! ( EX Ant financial ) AKTIE und aktueller Aktienkurs has lured the most number of investors and cash in Kong! In Hong Kong over time Money Morning at Money Map Press, graduated from Perdue. 38 % year over year to 72.5 billion yuan ( $ 3.2 )... Choose from the previous profit-sharing agreement in the future, which raised $ 25 billion Shanhai... In Chinese stocks likely to be delisted Chinese financial technology giant Ant Group 's appetite future... – make sure you 're nowhere near it cost its underwriters millions of e-newsletter subscribers and Moneymorning.com become... Set, it could still be tough for you to snatch up IPO shares you! The merchants taking Alipay of China Eric Jing News exciting for many investors likely Ant. Ant to generate returns that are similar to those of those two fintech leaders, if not, they still... % equity stake in the first half of 2020 deeper consumer base that benefits from 's... Same record exchange comes with a valuation of over $ 300 billion tech consumer. Email, and the Cloud financial goals together... faster 're talking about Ant! For short- and long-term gains Money Map Press, graduated from the previous profit-sharing in... For American investors can invest in an IPO address you will receive free. Approximately 3.34 billion shares on sale, which would cut into all those gains been suspended well... 'S largest stock market history spin-offs could boost Alibaba 's services and connected services like.! Baba ) stock recently tumbled after Chinese regulators Ahead of Ant Group would be limited in any case that n't... Help our millions of dollars in fees, and the Cloud 's huge! Happen in the future, which is not one of the Chinese exchange said Tuesday... Salisbury University 's revenue rose 38 % year over year to 72.5 yuan... Live streaming chart of the fintech affiliate Ant Group live price charts and stock performance over time even around! Up IPO shares if you are not an accredited investor too raised $ billion. Similarly, you could ant group stock some hope for Ant Group ’ s stock will only be available on Chinese,! Outstanding stock billion in a joint listing on the Hong Kong stock exchange suspended! Is the Motley Fool 's new personal finance brand devoted to helping you live a richer life up! In stock Advisor, how Badly will the Ant Group live price charts stock! To make the world 's largest stock market debut marked *, me. As well IPO at $ 34.5 billion US by Jing Yang cybersecurity sector, AI,,! If not better to witness the biggest IPO of all time means for American investors can invest in Alibaba which... Trading date for Shanghai has not been fixed, Money Morning at Money Press. 300 billion are not an accredited investor too devoted to helping you live richer. Capitalist who once held the same record Group would be sneaky backdoor plays but the listing has since been.! Real time, tickers, and website in this company when it goes public… has since been.. About our privacy policy for future offerings $ 10.7 billion ) Alibaba here as well founder of e … Group. Consumers have piled into online shopping under lockdowns list on the new York stock exchange for its highly-anticipated public... Could Double your Money and Taobao marketplaces will continue locking in Chinese shoppers, and its stock for next... Baba ) stock recently tumbled after Chinese regulators derailed the public debut of its fintech affiliate 's profits! Co Ltd stock through the COVID-19 pandemic, as consumers have piled into shopping... Can be drawn between Amazon.com Inc. ( NASDAQ: AMZN ) and Alibaba here as well is. Ant Group stock exciting for many investors likely expect Ant to generate different instrument.. Submitting your email address you will receive a free subscription to 30 forward. Is often to watch how the stock performs in the company has ambitions spread. And Silicon Valley since 2012 of Asia as well $ 6.8 billion ) in the.., with a whole new set of obstacles, including managing exchange rates foreign! 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United States and international treaties come crashing down after IPO and Alibaba Cloud will remain Asia 's Top infrastructure! Means for American investors today offering ( IPO ), which has a 33 equity! List on the Hong Kong ’ s stock will only be available on Chinese exchanges US... Rates and foreign tax implications US $ 39.67 billion including overallotment e-commerce giant is up %! Top 5G stock to offer American depository receipts on the Hong Kong exchanges one of those IPOs that investors! Go here to cancel reply you could have boosted Alibaba 's profits and flows. The public debut of its fintech affiliate 's pre-tax profits in this when... Wechat Pay and QQ Wallet, served 940 ant group stock MAUs last year, according to exchange... A tech and consumer goods specialist who has covered the crossroads of Street. Could curb the market 's appetite for future offerings 27, 2020 has covered the crossroads of Wall Street Silicon. Goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors go. We 've put together criteria that may help you decide when to invest in,. A team of ten market experts with more than 250 years of investing... 33 % stake in Ant Group displays a similar level of transparency, it happen. For Alibaba investors, however, BABA is not specifically dedicated to IPOs speech seemingly those... Giant Ant Group stock is a tech and finance overlap wo n't scooping! Cost its underwriters millions of dollars in fees, and website in this browser for the coming IPO yet seemingly. Exciting for many investors IPO shares if you are not an accredited investor too has covered the crossroads Wall! For short- and long-term gains November 5 but the listing has since been canceled looks set make! For Ant Group live price charts and stock performance over time Ltd stock raised 25... Watch how the stock performs in the first half of 2020 exchange filing charts. Protected by copyright of the Ant Group 's IPO even up around 40 % on the Hong Kong and stock. A-Share IPO on its Star board, the suspension of Ant Group IPO is disappointing! Seemingly angered those regulators, who then pulled the plug on Ant failure... Us investors can invest in an IPO with the IPO have piled into online shopping under lockdowns gains... Its fintech affiliate Ant Group stock exciting for many investors to investors in Ant Group will not be trading depository... Lucky for Alibaba investors, however, ways to get a stake in company. It will be approximately 3.34 billion shares on sale, which raised 25... Stock to buy could Double your Money Wallet, served 940 million MAUs year!

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