Personal Finance
How to Invest in Hong Kong IPOs Like Ant Group as a Singaporean?
By Seedly  •  September 18, 2020
Recently, fintech company, Ant Group filed its initial public offering (IPO) prospectus with the Hong Kong stock exchange. Even though we are still awaiting the final details of the IPO, the offering looks to be the largest one in the world. As a Singaporean, if you are interested to invest in the IPO that’s set to list on the Hong Kong stock market, here’s how to go about doing it.
Source: Giphy But First, Is It Wise to Invest in IPOs? While it may sound exciting to invest in a company during its IPO, investors might be better off waiting for the company to list first and invest in it a while later. This is because there’s almost zero chance for IPOs to be sold at undervalued prices. IPOs are usually sold at prices far higher than the value of the underlying businesses. In doing...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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