Will the Ant group share available for UK residents? news says it will be listed in CHINA and HongKong
If the stock becomes available for trading through ADR, it will be provided through our platform as well, with the exclusion of ISA accounts.
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.
Or Scottish Mortgage Investment Trust, which has a sizeable Ant Investment already
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?