CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.9% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Ant Group listing – the largest IPO in history?
Jack Ma’s Ant Group is aiming to hold the largest IPO in history this year. Here’s how you can get involved with Marketsx.
Alipay operator seeks record IPO
Ant Group Co will attempt to hold the largest IPO in history later this year when it aims to raise as much as $30 billion for a valuation of at least $225 billion.
The fintech behemoth was founded by Jack Ma’s Alibaba. Amongst other things, it operates Alipay, the world’s largest digital payment platform.
The company has raised over $23 billion in private funding and was valued at $200 billion in its latest funding round. Alibaba owns a 33% stake in the business.
It’s backers include BlackRock, General Atlantic, Silver Lake, and Warburg Pincus.
Ant’s IPO filing reveals revenue of $10.5 billion in 2020 H1, representing growth of 40% year-on-year, while profit is up 1,000% on an annualised basis to $3.2 billion.
Will Ant Financial IPO beat Saudi Aramco’s record?
Ant Financial is expected to list in Shanghai and Hong Kong in October. If demand remains strong the company could raise as much as $30 billion. The IPO market got off to a slow start this year thanks to the coronavirus pandemic, but the Hong Kong market has roared back into life in the past few months.
The current record for an IPO was set by Saudi Aramco, which raised $29 billion when it listed on the Tadawul.
How to trade the Ant Financial IPO and Ant Financial shares
This could be the biggest IPO in history, and you can start trading it right now with the Ant Financial grey market on Marketsx.
Buy or sell the grey market to speculate on the eventual market capitalisation of the company when it goes public.
You’ll also be able to start trading CFDs on the shares the day they begin trading.
Airbnb IPO: when can you buy and sell Airbnb shares?
Accommodation website Airbnb is set to be one of the largest stock market listings of the year, after the group filed a draft S-1 registration document with the US Securities and Exchange Commission.
In a statement, Airbnb said the number of shares to be offered and the price range for the proposed offering have not yet been determined. The date of the initial public offering (IPO) is not known, but is expected to take place after the SEC completes its review process. A lot will no doubt depend on market conditions.
We noted earlier in the year that the run-up in stocks after the March trough was offering companies a window of opportunity to get their stock listings out the door.
How much is Airbnb worth?
The company raised $2 billion in two separate tranches in April of this year, whilst it cut staff numbers by 25% to help it survive the enormous impact of the pandemic. This valued the company at $18bn but this was about half what it notionally worth in 2017. In May, chief executive Brian Chesky said the company expects to deliver revenues in 2020 of about half the $4.8bn generated last year.
Part of this is down to the pandemic – it has been a terrible time for the travel sector in particular and about $330bn of revenues has been lost globally, according to the US Travel Association. But Airbnb has enjoyed a surge in bookings as lockdown restrictions ended, particularly in rural areas, where bookings rose 25%.
The fact that Airbnb has not decided to shelve its anticipated IPO this year is a sign of renewed confidence, or it’s a sign the company needs to raise capital fast.
What is Airbnb?
Airbnb launched in 2008 and now has over 150 million users who offer private rentals of apartments and rooms in over 65,000 locations across the globe. It includes Amazon founder Jeff Bezos amongst its early investors. By the end of 2019 analysts were expecting the Airbnb IPO to see the company achieve a valuation of $42 billion.
How to trade Airbnb
Markets.com will be offering a grey market on Airbnb ahead of the IPO, which will let you speculate on the share price before it debuts on the stock market. The grey market price is based on the market capitalisation of the company after its first day of trading. As ever once it has completed the listing you will be able trade the shares by CFD trading or Spread Betting, or invest via share dealing.
Another way to take advantage of the Airbnb IPO is to trade the Renaissance Capital ETF (IPO), which is an index-like basket of companies that went public in the last years.