Ant is offering 1.67 billion shares in Hong Kong, of which only 2.5 per cent, or 41.77 million shares, are earmarked for retail investors. Photo: Bloomberg Ant is offering 1.67 billion shares in Hong Kong, of which only 2.5 per cent, or 41.77 million shares, are earmarked for retail investors. Photo: Bloomberg
Ant is offering 1.67 billion shares in Hong Kong, of which only 2.5 per cent, or 41.77 million shares, are earmarked for retail investors. Photo: Bloomberg

Ant Group

Business /  Banking & Finance

Explainer |
How retail investors can increase their chances of getting a piece of Ant Group’s blockbuster IPO in Hong Kong

  • With just 2.5 per cent of Hong Kong-leg shares allocated to retail investors, a surge in applications has already crashed an online broker website
  • Investors could keep their orders small and get a refund of related costs if unsuccessful, or borrow for a higher chance of allotment at a cost

Topic |   Ant Group
Georgina LeeEnoch Yiu
Georgina Lee and Enoch Yiu

Updated: 5:56pm, 28 Oct, 2020

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Ant is offering 1.67 billion shares in Hong Kong, of which only 2.5 per cent, or 41.77 million shares, are earmarked for retail investors. Photo: Bloomberg Ant is offering 1.67 billion shares in Hong Kong, of which only 2.5 per cent, or 41.77 million shares, are earmarked for retail investors. Photo: Bloomberg
Ant is offering 1.67 billion shares in Hong Kong, of which only 2.5 per cent, or 41.77 million shares, are earmarked for retail investors. Photo: Bloomberg
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