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. 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. It points to a broader, deeper consumer base that benefits from Alibaba's services and connected services like Alipay. 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. The development is a blow to investors in Ant Group that were hoping to cash out with the IPO. 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. The Shanghai stock exchange first announced that it … Maybe if Ant Group displays a similar level of transparency, it will be purchasable on U.S. exchanges. 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…. Unless you're willing to jump through hoops, you probably won't be scooping up shares of Ant Group anytime soon. November 03, 2020. 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. Other stocks might not perform so well, like Lyft Inc. (NASDAQ: LYFT), which has lost over 70% of its price since IPO. Ant Group live price charts and stock performance over time. Will Alibaba's Cloud Business Ever Generate a Profit? 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. 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. 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 Let's conquer your financial goals together...faster. Exchanges. Tickers BABA IPOS. Ant is the financial technology company affiliated with Chinese e-commerce group Alibaba , which went public on the New York Stock Exchange … The retail portion has lured the most number of investors and cash in Hong Kong’s stock market history. Although the company's IPO date hasn't been set, it could happen in the next few months. Shares were expected to go live on their respective exchanges on November 5 but the listing has since been canceled. By Mike Stenger, Associate Editor, Money Morning • October 27, 2020. This is something of a PayPal or Apple Pay equivalent in China. 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. You can unsubscribe at any time and we encourage you to read more about our privacy policy. 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). The only difference is PayPal serves about 22 million merchants, while Alipay serves 80 million. The company has ambitions to spread outside of Asia as well. Today, he studies the cybersecurity sector, AI, streaming, and the Cloud. Although the company's IPO date hasn't been set, it could happen in the next few months. Alibaba was a boon for investors in Chinese stocks. Ant Group plans to raise about $30 billion in an IPO. Alipay, China's largest digital payment platform, is owned by Ant Group. Follow Money Morning on Facebook and Twitter. Alibaba's stock is also reasonably valued at 30 times forward earnings. A reasonable analogy can be drawn between Amazon.com Inc. (NASDAQ: AMZN) and Alibaba here as well. Nonetheless, Ant's IPO could have boosted Alibaba's profits at a crucial time. Mike Stenger, Associate Editor for Money Morning at Money Map Press, graduated from the Perdue School of Business at Salisbury University. Follow him on Twitter for more updates! Alibaba is still growing at a healthy pace, and analysts expect its revenue and earnings to rise 44% and 31%, respectively, this year. Ant, backed by Jack Ma, billionaire founder of e … 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. Get these picks now for free! Ant's revenue rose 38% year over year to 72.5 billion yuan ($10.7 billion) in the first half of 2020. Ant Group live price charts and stock performance over time. 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 … Alibaba's (NYSE: BABA) stock recently tumbled after Chinese regulators derailed the public debut of its fintech affiliate Ant Group. By Jing Yang . Ant Group hasn't priced its stock for the coming IPO yet. 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. Similarly, you could invest in an ETF that has shares of Ant Group. 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. 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. Tags People's Bank Of China Eric Jing News. Your email address will not be published. The U.S. has already placed restrictions on various Chinese companies over security concerns. Returns as of 12/10/2020. Alibaba's Stock Falls As Ant Group IPO Is Suspended In China. These must-have stocks are primed for short- and long-term gains. The Shanghai stock exchange has suspended Ant Group's A-share IPO on its Star board, the Chinese exchange said on Tuesday. Many investors likely expect Ant to generate returns that are similar to those of those two fintech leaders, if not better. However, investors should still see if Chinese regulators gradually tighten the screws on Alibaba and closely scrutinize its long-term expansion plans. He has combined his degree in Economics with an interest in emerging technologies by finding where tech and finance overlap. Another option for that is SPDR S&P China ETF (NYSEArca: GXC), which is not specifically dedicated to IPOs. 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 It will only trade on the Shanghai and Hong Kong exchanges. 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. Lastly, you can wait as long as it would take for Ant Group stock to offer American Depository Receipts (ADRs). Thank you for subscribing! Are These “Toxic” Stocks Lurking in Your Portfolio? So it will not be easily accessible to American retail investors. The firm’s concurrent Hong Kong listing appears to have been suspended as well. It's even up around 40% on the year through the COVID-19 pandemic, as consumers have piled into online shopping under lockdowns. Tickers BABA TECH. Cumulative Growth of a $10,000 Investment in Stock Advisor, How Badly Will the Ant Group IPO Debacle Hurt Alibaba Stock? WARNING: 22 million shares of this stock trade hands every day – make sure you're nowhere near it. 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. That would beat the 2014 Alibaba IPO, which raised $25 billion. If trade tensions between the United States and China simmer down, these could hit the NYSE and trade similar to Alibaba. A broker with access to the international exchange can potentially get you shares. 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. Click here…. Join the conversation. 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. Its Tmall and Taobao marketplaces will continue locking in Chinese shoppers, and Alibaba Cloud will remain Asia's top cloud infrastructure platform. Your email address will not be published. It's already shown promise in Europe, which has tripled the merchants taking Alipay. The e-commerce giant is up 240% since it first began trading, from $90 to $306. Ant Group will list on the Hong Kong stock exchange on Nov. 5, according to an exchange filing. 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. From Benzinga. Investors were even concerned that Alibaba might be delisted at some point in the future, which would cut into all those gains. Find the latest 480276 (ANT) stock quote, history, news and other vital information to help you with your stock trading and investing. Alibaba, which owns one third of Ant Group, fell as … Tags Global Market News China. It also generated gains from the previous profit-sharing agreement in the first half of 2020. Ant Group plans to raise about $30 billion in an IPO. We've put together criteria that may help you decide when to invest in an IPO – have a look right here. Alibaba's (NYSE:BABA) stock recently tumbled after Chinese regulators derailed the public debut of its fintech affiliate Ant Group. Company profile page for Ant Group Co Ltd including stock price, company news, press releases, executives, board members, and contact information There are, however, ways to get a stake in this company when it goes public…. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. 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 … The Shanghai stock exchange first announced that it … 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. Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info. 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. Copyright, Trademark and Patent Information. 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 … 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 had been planning to raise a record-setting $34.5 billion in a joint listing on the Hong Kong and Shanghai stock exchanges. The value of this stake would have risen significantly after Ant's IPO, but it also won't decline because the IPO was suspended. Ant, backed by Jack Ma, billionaire founder of e … 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. 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 … 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. According to CNBC analysis, investors could value Ant Group at more than $200 billion, making Alibaba’s stake worth somewhere north of $67 billion. Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. We still have to wait and see what happens with U.S. regulation of these companies. 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. And it's courtesy of a venture capitalist who once held the same record. 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