Ant Group IPO
Get exposure to Ant Group when it lists with Australia's No.1 CFD provider1
Start trading today. For account opening enquiries call 1800 601 799 between 9am and 6pm (AEDT) weekdays, or email newaccounts.au@ig.com.
Contact us: 1800 601 799
Start trading today. For account opening enquiries call 1800 601 799 between 9am and 6pm (AEDT) weekdays, or email newaccounts.au@ig.com.
Contact us: 1800 601 799
Why trade Ant Group's IPO with us?
Speculate on Ant Group
Trade Ant Group shares as soon as they list with CFDs
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Get full market exposure for just a small initial deposit – known as margin
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How to buy Ant Group shares
Get exposure to Ant Group shares on day one of its listing by speculating on its share price movements using CFDs.
Initial public offerings (IPOs) aren’t always available immediately for retail investors, but you can trade straight away with our derivative products.
Plus, you’ll only need a small initial deposit – known as margin – to get full exposure. Margin isn’t a direct cost to you, but it can have a big impact on the affordability of your trade. While leveraged trading can magnify your profit, it can also magnify your losses, which makes it important to have a risk management strategy in place.
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Open a share trading account in minutes
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With 48 years of experience, we’re proud to offer a truly market-leading service
Open a share trading account in minutes
Open a share trading account in minutes
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 48 years of experience, we’re proud to offer a truly market-leading service
When is Ant Group’s IPO?
Ant Group’s IPO was expected to take place on 5 November 2020. However, two days before it listed, the Shanghai Stock Exchange announced that the IPO would be suspended due to regulatory issues. After this announcement, Ant Group suspended the Hong Kong listing itself.
It is unclear when the IPO will be rescheduled. But as soon as Ant Group does list, it will be available to trade with us via CFDs.
What will the Ant Group be valued at when it lists?
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.
There will be approximately 3.34 billion shares on sale, which would account for 11% of Ant Group’s outstanding stock. The shares will be split evenly between Hong Kong and Shanghai.
What will the Ant Group share price be when it floats?
Ant Group’s share price for its Hong Kong listing is set at HK$80 (£7.93), while its Shanghai listed stock will start trading at 68.8 yuan (£5.72).
What is Ant Group’s business model?
Ant Group is a Chinese online payment giant created by the founder of Alibaba, Jack Ma. Originally, it was a service arm of Alibaba itself – called Alipay – but it has since become a separate company. By the end of 2006, 300,000 companies were using Alipay to facilitate online transactions. In 2014, Alipay was rebranded as Ant Group.
In the first half of 2020, Ant Group brought in $10.5 billion in revenues, thanks to its 1.3 billion active users, and over $16 trillion in payments. That’s nearly four times the amount of users and 25 times more payments as PayPal – the biggest online payment company outside China.
What’s the outlook for Ant Group?
Due to the increasing number of Chinese citizens travelling the world, Ant Group has started to consider expansion into Europe and the United States – largely by the acquisition of WorldFirst in the UK and a partnership with Barclaycard.
Ant Group has also sought to go beyond retail transactions, into peer-to-peer payments, bank transfers and standing orders for financial services and utility bills. It’s in the process of setting up a consumer finance firm – alongside the Nanyang Commercial Bank and Alibaba-backed China TransInfo Technology – to increase its domestic presence. The payment giant would invest approximately $1.2 billion for a 50% share, which could bring in as much as ten times more revenue.
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FAQs
How do IPOs work?
An IPO occurs when a company decides to start selling its shares to the public. Most companies list shares to raise capital to fund expansion, pay debts, attract and retain talent, or monetise assets.
First, an audit must be conducted – considering all aspects of the company’s financials. Then, the business has to prepare a registration statement to file with the appropriate exchange commission. If approved, the company will list a defined number of shares at a price set by an investment bank. The shares will be available for sale through the chosen stock exchange.
Learn more about how IPOs work
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1Based on revenue excluding FX (published half yearly financial statements, June 2020)
