Alibaba previously held an agreement with Ant that granted it 37.5% of the fintech affiliate's pre-tax profits. 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). 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…. 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 Its Tmall and Taobao marketplaces will continue locking in Chinese shoppers, and Alibaba Cloud will remain Asia's top cloud infrastructure platform. 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 … It's already shown promise in Europe, which has tripled the merchants taking Alipay. It also generated gains from the previous profit-sharing agreement in the first half of 2020. Thank you for subscribing! We still have to wait and see what happens with U.S. regulation of these companies. Ant Group live price charts and stock performance over time. It points to a broader, deeper consumer base that benefits from Alibaba's services and connected services like Alipay. 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. 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”. Tags Global Market News China. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. A trading date for Shanghai has not been fixed. What's good about Ant Group is that the decision is mostly made for American investors. We've put together criteria that may help you decide when to invest in an IPO – have a look right here. Check your email to access your free report. Shares were expected to go live on their respective exchanges on November 5 but the listing has since been canceled. Those spin-offs could boost Alibaba's profits and cash flows, but Ant's failure could curb the market's appetite for future offerings. 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. 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. 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. The Shanghai stock exchange has suspended Ant Group's A-share IPO on its Star board, the Chinese exchange said on Tuesday. A broker with access to the international exchange can potentially get you shares. 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. Social Sharing Original deal valued IPO at $34.5 billion US An ETF is heavily diversified, and you would not get to determine how much of your portfolio is allocated to Ant Group stock specifically. Market data powered by FactSet and Web Financial Group. Another option for that is SPDR S&P China ETF (NYSEArca: GXC), which is not specifically dedicated to IPOs. ANT GROUP (EX ANT FINANCIAL) AKTIE und aktueller Aktienkurs. For example, Charles Schwab and Fidelity both allow investors to trade on the Hong Kong exchange. Today, we're talking about whether Ant Group stock is a buy after its IPO. Ant's revenue rose 38% year over year to 72.5 billion yuan ($10.7 billion) in the first half of 2020. 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. Your other options for investing in Ant Group would be sneaky backdoor plays. 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. 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. Ant Group’s record-breaking IPO is set raise US$39.67 billion including overallotment. 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. 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. 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. But once Ant Group stock hits the open market and you have a broker that offers international trading, you can ask about buying shares. Alibaba's Stock Falls As Ant Group IPO Is Suspended In China. 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. Jack Ma Gets Summoned By Chinese Regulators Ahead Of Ant Group's IPO. Alibaba holds a 33% stake in Ant, which owns the digital payments platform Alipay. Find the latest 57745 (ANTS) stock quote, history, news and other vital information to help you with your stock trading and investing. Ant Group plans to raise about $30 billion in an IPO. 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 Group is an arm of the sprawling empire of Alibaba founder Jack Ma. Click here to jump to comments…. Or to contact Money Morning Customer Service, click here. Ant Group hasn't priced its stock for the coming IPO yet. Get these picks now for free! Alibaba, which owns one third of Ant Group, fell as … 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. Required fields are marked *, Sign me up for the Money Morning newsletter. 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. 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 … If that was your approach to Alibaba stock, you would have been disappointed at missing 240% growth. Returns as of 12/10/2020. Click here…. 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? 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. © 2020 Money Morning All Rights Reserved. The Shanghai stock exchange first announced that it … Follow him on Twitter for more updates! The development is a blow to investors in Ant Group that were hoping to cash out with the IPO. By submitting your email address you will receive a free subscription to. Tags Global Market News China. It will only trade on the Shanghai and Hong Kong exchanges. Tenpay, which includes WeChat Pay and QQ Wallet, served 940 million MAUs last year, according to a recent Ipsos survey. 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. Here's what the biggest IPO of all time means for American investors today. Jack Ma Gets Summoned By Chinese Regulators Ahead Of Ant Group's IPO. 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. ET First Published: Sept. 24, 2020 at … Therefore, any scrutiny of Ma could still impact Alibaba -- which already faces potential antitrust probes regarding its leading position in China's e-commerce market. You can unsubscribe at any time and we encourage you to read more about our privacy policy. If trade tensions between the United States and China simmer down, these could hit the NYSE and trade similar to Alibaba. It's even up around 40% on the year through the COVID-19 pandemic, as consumers have piled into online shopping under lockdowns. November 03, 2020. Protected by copyright of the United States and international treaties. Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. Tickers BABA IPOS. 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. Many investors likely expect Ant to generate returns that are similar to those of those two fintech leaders, if not better. But last September, it swapped those rights for a 33% equity stake in the company. What’s Ant Group Worth? 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. Stock Advisor launched in February of 2002. 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). Choose from the topics below to receive our money-making recommendations in real time. 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. Use technical analysis tools such as candles & Fibonacci to generate different instrument comparisons. Unless you're willing to jump through hoops, you probably won't be scooping up shares of Ant Group anytime soon. Cumulative Growth of a $10,000 Investment in Stock Advisor, How Badly Will the Ant Group IPO Debacle Hurt Alibaba Stock? Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Nachrichten zur Aktie Ant Group (ex Ant Financial) | ANTFI0 | CN0000ANTFI0 Join the conversation. 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. Alipay, China's largest digital payment platform, is owned by Ant Group. Ant Group has received approval from the Hong Kong stock exchange for its highly-anticipated initial public offering (IPO), CNBC has confirmed. Although Ant Group’s stock will only be available on Chinese exchanges, US investors can still buy shares. It's a huge company that's likely to meet the disclosure requirements as they pop up. Within that total, its digital finance services revenue grew 56% to 46 billion yuan ($6.8 billion). Go here to watch Shah give you the company names, tickers, and price targets for three stocks that belong in EVERY portfolio. With IPOs, the best thing is often to watch how the stock performs in the months following an IPO. 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. And it's courtesy of a venture capitalist who once held the same record. Ant Group is actually the financial services arm of Alibaba. November 03, 2020. WARNING: 22 million shares of this stock trade hands every day – make sure you're nowhere near it. See you at the top! 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. Alibaba is one of those IPOs that most investors who bought early can't regret for a second. The Shanghai stock exchange has suspended Ant Group's A-share IPO on its Star board, the Chinese exchange said on Tuesday. Ant is the financial technology company affiliated with Chinese e-commerce group Alibaba , which went public on the New York Stock Exchange … Mike Stenger, Associate Editor for Money Morning at Money Map Press, graduated from the Perdue School of Business at Salisbury University. It could still be tough for you to snatch up IPO shares if you are not an accredited investor too. Alibaba's (NYSE: BABA) stock recently tumbled after Chinese regulators derailed the public debut of its fintech affiliate Ant Group. Although the company's IPO date hasn't been set, it could happen in the next few months. Advisers to Ant … Follow Money Morning on Facebook and Twitter. There are, however, ways to get a stake in this company when it goes public…. 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. Are These “Toxic” Stocks Lurking in Your Portfolio? 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. @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. Exchanges. Others are worthy of that hype. Ant Group stock is coming available on public markets in Shanhai and Hong Kong. You can invest in Alibaba, which has a 33% stake in the company. Today, he studies the cybersecurity sector, AI, streaming, and the Cloud. Ant Group’s record-breaking IPO is set raise US$39.67 billion including overallotment. Our Shah Gilani just named three stocks he says are "screaming buys" right now. Ant Group’s initial public offering postponed by Shanghai Stock Exchange. Use technical analysis tools such as candles & Fibonacci to generate different instrument comparisons. By Mike Stenger, Associate Editor, Money Morning • October 27, 2020. Alibaba was a boon for investors in Chinese stocks. November 02, 2020. Alibaba's (NYSE: BABA) stock recently tumbled after Chinese regulators derailed the public debut of its fintech affiliate Ant Group. 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. 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?. 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. 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. 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. His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses. ET … Alibaba's Stock Falls As Ant Group IPO Is Suspended In China. Ant was expected to be the world's largest IPO, with a valuation of over $300 billion. 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. Alibaba's stock is also reasonably valued at 30 times forward earnings. The U.S. has already placed restrictions on various Chinese companies over security concerns. By Jing Yang . 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. The e-commerce giant is up 240% since it first began trading, from $90 to $306. The retail portion has lured the most number of investors and cash in Hong Kong’s stock market history. Your email address will not be published. There will be approximately 3.34 billion shares on sale, which would account for 11% of Ant Group’s outstanding 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. 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