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 Hong Kong Exchange & HK Stocks, Per title post-Extradition Bill W/drawal

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MBCH
post Oct 21 2020, 10:23 AM

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QUOTE(C-Note @ Oct 14 2020, 11:20 PM)
I guess this risk is carried by all investments in HK and China, no?  laugh.gif that's the inherent issue with investing in the Chinese market. US trying so hard to stab China front back sideways.

There's no denying China is on her way to become the next superpower. Used to be the British empire, then the torch was passed to the USA in the past century. All I can say is don't put all eggs in one basket. Diversification is key. smile.gif
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Yes US keep trying biggrin.gif
TSHansel
post Oct 23 2020, 05:24 PM

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Bros,... latest news :-

https://www.dealstreetasia.com/stories/ant-..._eid=a9c42462b1

All approvals gotten,... ready to price now,....

Flotation probably sometime after Nov 3rd,...
foofoosasa
post Oct 23 2020, 06:57 PM

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QUOTE(Hansel @ Oct 23 2020, 05:24 PM)
Bros,... latest news :-

https://www.dealstreetasia.com/stories/ant-..._eid=a9c42462b1

All approvals gotten,... ready to price now,....

Flotation probably sometime after Nov 3rd,...
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Have u applied the ipo?

Or bought some fund that claimed have priority to the ipo allotment?

Stil holding tightly my 9988, hopefully beneficial from ant group ipo
moosset
post Oct 23 2020, 07:00 PM

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so Ant IPO is likely to be in time before the US election?
TSHansel
post Oct 27 2020, 02:24 AM

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QUOTE(foofoosasa @ Oct 23 2020, 06:57 PM)
Have u applied the ipo?

Or bought some fund that claimed have priority to the ipo allotment?

Stil holding tightly my 9988, hopefully beneficial from ant group ipo
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HI bro,... good morning.

Yes, applied for a few hundred lots thru my private bank. Quite cheap this time, only HKD80 IPO Offer price per share for the HKeX tranche. Price came out this evening.

For 9988 last year, I recalled it was HKD176 per share, 100 shares per lot.

TSHansel
post Oct 27 2020, 02:25 AM

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QUOTE(moosset @ Oct 23 2020, 07:00 PM)
so Ant IPO is likely to be in time before the US election?
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Nope bro,.. will be floated a few days after the US Election.
C-Note
post Oct 27 2020, 09:09 AM

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Nov 5th is tentative listing date, 2 days after the election
C-Note
post Oct 27 2020, 07:32 PM

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QUOTE(Hansel @ Oct 27 2020, 02:24 AM)
HI bro,... good morning.

Yes, applied for a few hundred lots thru my private bank. Quite cheap this time, only HKD80 IPO Offer price per share for the HKeX tranche. Price came out this evening.

For 9988 last year, I recalled it was HKD176 per share, 100 shares per lot.
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Which bank is this, if you dont mind?
TSHansel
post Oct 28 2020, 05:54 PM

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QUOTE(C-Note @ Oct 27 2020, 07:32 PM)
Which bank is this, if you dont mind?
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Sorry bro,... can't share openly,....

Edited by adding : But I think, I wouldn't be allocated so many units, since Mr Ma said he would want as many invetors as possible to benefit from his IPO. This concept is something like Tesla's Elon Mask which said sometimes this year tht he will instruct the banks to sell Tesla shares off and on from then on.

Hence,... applied more in the hope that my subscription can be allocated a substantial quantity that makes economic sense.

I heard,.. in SG,... Phillip-Capital and some banks are able to help investors do this subscription too.

This post has been edited by Hansel: Oct 28 2020, 05:59 PM
polarzbearz
post Oct 28 2020, 07:37 PM

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Anyone here also applied for Ant IPO? I just placed my order via my Hong Kong account (fundsupermart HK) for small #.. Hopefully can get hmm.gif
moosset
post Oct 28 2020, 08:56 PM

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QUOTE(polarzbearz @ Oct 28 2020, 07:37 PM)
Anyone here also applied for Ant IPO? I just placed my order via my Hong Kong account (fundsupermart HK) for small #.. Hopefully can get hmm.gif
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does it work with FSM SG? Or must have FSM HK?
polarzbearz
post Oct 29 2020, 12:42 AM

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QUOTE(moosset @ Oct 28 2020, 08:56 PM)
does it work with FSM SG? Or must have FSM HK?
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Actually not sure cause I only have FSM MY / FSM HK sweat.gif
Cubalagi
post Nov 3 2020, 04:29 PM

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Asia Pac indices mostly up strongly today..

Expecting a blue wave??

* except bursa which is in its own world.. 😆
TSHansel
post Nov 3 2020, 04:39 PM

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QUOTE(Cubalagi @ Nov 3 2020, 04:29 PM)
Asia Pac indices mostly up strongly today..

Expecting a blue wave??

* except bursa which is in its own world.. 😆
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Emm, this is what I think, bro, :-

In previous US Elections, the mkts tend to 'support' the incumbent president, and when the election is completed and the incumbent wins again, the mkts will rally. The polls kept showing that Biden has been leading, hence the mkts have been dropping earlier. However;....

As of the beginning of this week, mkts could have changed their paradigm and are ready to accept a non-incumbent to the White House. That's why the mkts across the world are generally greenish.

But, jmho,... we shld not rush in yet,... there will be more dramas in the next few days. Mkts will have a chance to plunge again.
TSHansel
post Nov 3 2020, 04:46 PM

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Taking this opportunity to wish all Ant IPO Subscribers here the best of luck in your applications. May you guys/gals huat !

IPO Offer : HKD80 per share, 50 shares make up one lot.
moosset
post Nov 3 2020, 05:36 PM

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QUOTE(Hansel @ Nov 3 2020, 04:46 PM)
Taking this opportunity to wish all Ant IPO Subscribers here the best of luck in your applications. May you guys/gals huat !

IPO Offer : HKD80 per share, 50 shares make up one lot.
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did you get any?

or planning to buy during the first week?
polarzbearz
post Nov 3 2020, 08:47 PM

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QUOTE(Hansel @ Nov 3 2020, 04:46 PM)
Taking this opportunity to wish all Ant IPO Subscribers here the best of luck in your applications. May you guys/gals huat !

IPO Offer : HKD80 per share, 50 shares make up one lot.
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Still no news from FSM HK sweat.gif

Wondering if I got it or rejected since kucik miao amount laugh.gif
AVFAN
post Nov 3 2020, 09:57 PM

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QUOTE
Ant Group’s record $34.5 billion IPO in Shanghai and Hong Kong suspended

Ant Group’s world record-setting initial public offering (IPO) in Shanghai and Hong Kong has been suspended.
The Shanghai and Hong Kong stock exchanges made the announcement on Tuesday.
Ant Group’s controller Jack Ma, the executive chairman Eric Jing and CEO Simon Hu were summoned and interviewed by regulators in China.
The Shanghai Stock Exchange said Ant Group reported “significant issues,” which means it may not meet the conditions for listing or “information disclosure requirements.”
https://www.cnbc.com/2020/11/03/ant-group-i...-suspended.html


Cubalagi
post Nov 3 2020, 10:28 PM

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QUOTE(AVFAN @ Nov 3 2020, 09:57 PM)

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Wow.. What happened? Baba stock is going to be hammered.
SUSTOS
post Nov 3 2020, 11:36 PM

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QUOTE(Cubalagi @ Nov 3 2020, 10:28 PM)
Wow.. What happened? Baba stock is going to be hammered.
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Expected. Even if the listing goes on. Some time later the duopoly for mobile payment market will be hammered by regulators. Profit cannot be sustained anymore...

Kind of pity those leveraged 20 times waiting to see the pop on first day of listing. Now let the bubble burst!

https://www.mpfinance.com/fin/instantf2.php...&issue=20201103

https://www.mpfinance.com/fin/instantf2.php...&issue=20201103

https://www.mpfinance.com/fin/instantf2.php...&issue=20201103

https://www.mpfinance.com/fin/instantf2.php...&issue=20201103

Navigating Chinese politics is not reserved for the faint-hearted.

I suppose Chinese state-owned banks lobbied the regulators to control this behemoth behind closed doors. Since Ant's most direct competitor is them, naturally I suspect them first.

Alibaba ADR dropped 6% in New York session now.

This post has been edited by TOS: Nov 3 2020, 11:40 PM

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