Brokerages in Hong Kong are preparing a range of measures to attract retail investors for the upcoming initial public offering (IPO) of 中国金融科技 giant 蚂蚁集团.
来自中国体彩一家在线经纪人的消息来源说 21世纪先驱报 that it was providing investors with a maximum 20x leverage to subscribe for 蚂蚁集团’s H-shares.
For this reason many online brokerages are making the effort to attract diffuse retail investors to participate in the 蚂蚁集团 IPO, in order to maximise client acquisition via the promise of arbitrage investment effects.
“However, the price discount provided for the 蚂蚁集团 H-share IPO will be comparatively small,” said the source.
Another source from a Hong Kong brokerage that it had already raised around HKD$26 billion to provide to investors for the leveraged purchase of 蚂蚁集团 H-shares.
“We are currently communicating closely with multiple banks, and in future will increase the new financing quota for 蚂蚁集团,” said the source.