China News Service, October 31. According to a Hong Kong Ming Pao report, Ant Group (6688) closed its public subscription on the 30th. According to market sources, the number of subscribers and frozen funds broke records. Among them, as many as 1.55 million subscribed, even breaking ICBC ( 1398) A 14-year record.

The frozen funds of the group's IPO this time are about 1.3 trillion yuan (HK$, the same below), which also sets a record for IPOs in Hong Kong, which is equivalent to an average of about 850,000 yuan per investor to subscribe for Ant.

　　According to market sources, as of 12:00 noon yesterday, more than 1.55 million people have subscribed for the ant stock offering, which is more than 50% higher than the ICBC’s record when it went public; compared with the previous "Frozen Capital King" Nongfu Spring (9633) It was also listed this year, and the record of new stock subscriptions has been sealed for 14 years before being broken by ants.

Looking through the information, ICBC went public in October 2006, setting a record of nearly 980,000 subscriptions. In the same year, the number of subscribers of the Bank of China (3988) listed in the same year also exceeded 960,000. However, in the past ten years, there have been few IPO subscribers. Among the top ten new stocks, only Ant and Nongfu Spring have been listed in the past ten years.

Image source: Hong Kong Ming Pao News Network.

The Hong Kong dollar fell to a 3-month low at the end of the IPO period

　　In terms of freezing funds, ant stocks attracted 1.3 trillion yuan, and it also broke Nongfu Spring's record of just over a month and became the new "freeze capital king."

This time, Ant’s IPO is very attractive. Based on Hong Kong’s Hong Kong dollar deposits of about 7.6 trillion yuan, the funds used to subscribe for Ant account for nearly 20% of Hong Kong’s Hong Kong dollar. It is worth noting that the Hong Kong dollar has continued to be strong since the eve of Ant’s IPO. However, with the end of the IPO period, the HKMA finally did not enter the market to "take money" yesterday, the first time since October 5.

The Hong Kong dollar was quoted at 7.7536 last night, which also fell to a 3-month low.

　　Although the subscription response is overwhelming, investors don’t need to worry about being “difficult to find in one hand” for the time being. According to the prospectus, Ant has sold a total of 1.671 billion H shares in the Hong Kong IPO, of which the public offering portion was originally scheduled to account for 2.5%, or approximately 41.768 million H. However, due to the over-purchase of nearly 390 times, the number of public offering shares increased to 167 million H shares after the reversal mechanism was initiated, which is equivalent to about 3.341 million lots of shares. The two groups of investors each accounted for half. "One person, one hand" can still be distributed, but the actual situation still depends on the company's arrangements.

　　Ant’s H-shares offer date from the 27th to the present day, the price per share is 80 yuan, and the admission fee for each lot of 50 shares is 4040.31 yuan. The winning result will be announced on November 4 and will be officially listed on the next day.

More than 5.155 million people subscribed for Ant's A-share IPO

　　In addition, despite the overwhelming response to H-share subscriptions, the A-share offering battle has become more intense. The online subscription of Ant's A-share IPO (equivalent to the public offering in Hong Kong) recorded more than 5.155 million subscriptions, and the initial effective subscription multiple was 872.31 times. The 100-fold reversal mechanism was activated. After the reversal, the number of shares offered online increased to 350 million shares, equivalent to 3.5 million shares.

The final winning rate for online issuance was only 0.12670497%.