[MrSinkie95]

https://www.cnbc.com/2020/07/21/alib...explained.html

[wanker88]

How to apply in SG?

[_dXter]

If you are a accredited investor, fsmone can help sub ipo on HKEX

[reddevil0728]

_dXter wrote:

If you are a accredited investor, fsmone can help sub ipo on HKEX

apparently non accredited 1s also can. but need a minimum amount of S$200k

[Rainbow1112]

I bought baba because of this upcoming ipo.. hopefully it will rally as more details is release..

[Entry Level PC]

imho.
very limited growth outside China.
As I remember Alipay is China Only, Need Domestic China Bank Saving Account?
need to tan gu gu for Alipay to open up for foreigners.
Now Trade War, US, EU, IN - confirm won't Alipay and high chance no access to US, EU, IN Market in the near future.

[polyglob]

Entry Level PC wrote:

imho.
very limited growth outside China.
As I remember Alipay is China Only, Need Domestic China Bank Saving Account?
need to tan gu gu for Alipay to open up for foreigners.
Now Trade War, US, EU, IN - confirm won't Alipay and high chance no access to US, EU, IN Market in the near future.

Ant Financial not equals Alipay

[zoneguard]

https://www.straitstimes.com/busines...anking-license

Jan 2020's news. Did they announce if they went to the next round like iFast?

[reddevil0728]

Entry Level PC wrote:

imho.
very limited growth outside China.
As I remember Alipay is China Only, Need Domestic China Bank Saving Account?
need to tan gu gu for Alipay to open up for foreigners.
Now Trade War, US, EU, IN - confirm won't Alipay and high chance no access to US, EU, IN Market in the near future.

China itself is already massive

[Entry Level PC]

reddevil0728 wrote:

China itself is already massive

Yes, but already near Peak Growth in China already.
Even Beggars in China prefer Alipay/Wechat Pay over Cash.

[ayuluv]

I am also pretty keen in this IPO.

Besides FSMOne, is there by chance any other alternative choices for this upcoming IPO? Thanks in advance

[Entry Level PC]

ayuluv wrote:

I am also pretty keen in this IPO.

Besides FSMOne, is there by chance any other alternative choices for this upcoming IPO? Thanks in advance

You can buy Alibaba.
Alibaba owns 30% of Ant.
If Ant goes up, Alibaba will goes up as well.

[reddevil0728]

Entry Level PC wrote:

Yes, but already near Peak Growth in China already.
Even Beggars in China prefer Alipay/Wechat Pay over Cash.

You are talking about adoption there, but now volume.

China is still not a very consumer spending focus economy

[ayuluv]

Entry Level PC wrote:

You can buy Alibaba.
Alibaba owns 30% of Ant.
If Ant goes up, Alibaba will goes up as well.

Thanks alot mate.

For Alibaba stocks, which platform will you strongly recommend?

[reddevil0728]

ayuluv wrote:

Thanks alot mate.

For Alibaba stocks, which platform will you strongly recommend?

You want to buy on which exchange?