As of 1:00 p.m. on Tuesday, the IPO margin of ant group in Hong Kong has exceeded 40 billion yuan, which is about 11 times the over subscription.
According to the latest market news, due to the fierce application of ant group, the institutional issuance part of ant group in H shares will end at 5:00 p.m. on Wednesday (28th). This is two days ahead of schedule, setting a new record for Hong Kong stocks. Last night (October 26), ant groups Hong Kong IPO started just one hour, and H-share institutions had already oversubscribed, which was as hot as double 11, setting a new market record. It is reported that most of them are large orders of US $1 billion.
Admission fee HK $4040.31
Securities companies provide 33 times leverage
The IPO of ant groups Hong Kong stock has started, and the international allotment has been sought after by large investors. Besides, the public offering part for public subscription is also rapidly warming up.
As the price of ant groups Hong Kong stock is HK $80 per share and 50 shares per hand, the admission fee is only $4040.3. For ordinary investors, ants admission fee performance is very close to the people, sunshine, everyone has a chance to win the red envelope rain before the double 11.
Huatai International provides 33 times leverage for retail subscription of ant IPO, which should be the highest in the market, and has prepared nearly 40 billion financing lines for retail customers. Most of the other securities companies have prepared more than 10 billion financing lines.
Futu Securities said ant group subscription is very popular. As of 10:00 this morning, ant groups IPO subscription amount has exceeded 10 billion Hong Kong dollars, and the number of subscribers has exceeded 30000.
According to the prospectus, ant group plans to issue 1.671 billion H shares, of which 41.768 million shares are for public sale, accounting for 2.5%; about 1.629 billion shares are sold internationally, accounting for 97.5%; and 15% of the shares are over allocated.
Secondary market performance expected
Tencents share price has soared
Ant group will raise 114.94 billion yuan (about 17.23 billion US dollars) in a shares and 133.65 billion Hong Kong dollars (about 17.24 billion US dollars) in H shares according to 68.8 yuan a share and 80 Hong Kong dollars per H share.
On the whole, ant group plans to raise about $34.5 billion through the IPO of a + H shares, which surpasses Saudi Aramco and becomes the largest listing activity in the world so far.
How much red envelope can you get when you participate in this new fight?
According to the announcement, ant will issue no more than 1.67 billion new shares in a shares, of which 1.34 billion shares were initially allocated in the A-share issue, accounting for 80% of the initial issuance of a shares (before the green shoes). It seems that the company intends to reduce the pressure on the secondary market, and at the same time, it also benefits new investors to the greatest extent.
Stimulated by the listing of ant group, Tencent holdings rose nearly 5% in the early trading on October 27, and its share price reached a record high of HK $588.5, with the latest market value of HK $5.58 trillion.
Some market participants believe that ant groups new share subscription is the largest and eventful IPO in the A-share and Hong Kong stock markets in 2020, which will also stimulate the market to revalue the value of financial technology enterprises. Editor: Zhu Shaoyong source: Shanghai Securities News Editor in charge: Zhong Qiming_ NF5619
Some market participants believe that ant groups new share subscription is the largest and eventful IPO in the A-share and Hong Kong stock markets in 2020, which will also stimulate the market to revalue the value of financial technology enterprises.