So it will not be easily accessible to American retail investors. There are, however, ways to get a stake in this company when it goes public…. The Shanghai stock exchange first announced that it … Funds like Renaissance Capital's International IPO ETF (NYSEArca: IPOS) have big Chinese portfolios and would likely buy up shares of Ant Group early. From Benzinga. The Shanghai stock exchange first announced that it … But judging from the success of Alibaba alone, you could have some hope for Ant Group. Alibaba, which owns one third of Ant Group, fell as … 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. Jack Ma Gets Summoned By Chinese Regulators Ahead Of Ant Group's IPO. Nachrichten zur Aktie Ant Group (ex Ant Financial) | ANTFI0 | CN0000ANTFI0 Alibaba's Stock Falls As Ant Group IPO Is Suspended In China. Let's conquer your financial goals together...faster. Although the company's IPO date hasn't been set, it could happen in the next few months. Protected by copyright of the United States and international treaties. Alibaba is still growing at a healthy pace, and analysts expect its revenue and earnings to rise 44% and 31%, respectively, this year. November 03, 2020. By Mike Stenger, Associate Editor, Money Morning • October 27, 2020. 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. Social Sharing Original deal valued IPO at $34.5 billion US The company has ambitions to spread outside of Asia as well. Alibaba is one of those IPOs that most investors who bought early can't regret for a second. Save my name, email, and website in this browser for the next time I comment. Copyright, Trademark and Patent Information. Many investors likely expect Ant to generate returns that are similar to those of those two fintech leaders, if not better. The e-commerce giant is up 240% since it first began trading, from $90 to $306. 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 Group hasn't priced its stock for the coming IPO yet. And it's courtesy of a venture capitalist who once held the same record. 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. But now, its collapse will cost its underwriters millions of dollars in fees, and a new IPO could take months to file. 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. Tags People's Bank Of China Eric Jing News. 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 … Investors were even concerned that Alibaba might be delisted at some point in the future, which would cut into all those gains. By submitting your email address you will receive a free subscription to. Thank you for subscribing! Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. Find the latest 480276 (ANT) stock quote, history, news and other vital information to help you with your stock trading and investing. Tickers BABA IPOS. 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. Alibaba holds a 33% stake in Ant, which owns the digital payments platform Alipay. What's good about Ant Group is that the decision is mostly made for American investors. Unless you're willing to jump through hoops, you probably won't be scooping up shares of Ant Group anytime soon. 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. Follow Money Morning on Facebook and Twitter. Join the conversation. Within that total, its digital finance services revenue grew 56% to 46 billion yuan ($6.8 billion). 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