Will the Ant group share available for UK residents? news says it will be listed in CHINA and HongKong
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Hello,
If the stock becomes available for trading through ADR, it will be provided through our platform as well, with the exclusion of ISA accounts.
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I am thinking one way to get in on this (especially as if ISA investor) is through BABA stock as they own a third of Ant.
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Or Scottish Mortgage Investment Trust, which has a sizeable Ant Investment already
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I believe Ant ‘only’ makes up 2.5% of Scottish Mortgage Investment Trust, they do also have about 6% of Alibaba but based on that and the size of scottish mortgage investment trust of 15BN I would guess Alibaba is a more direct play for Ant IPO as not only do they own a 3rd they are buying some more with 22% of the IPO.
If you have info on how much % of ant total SMT own I would love to know.
I wonder if FCSS fund will get into ANT too?