Explainer: How mom-and-pop investors stumped up a record $3 trillion for Ant shares

Explainer: How mom-and-pop investors stumped up a record $3 trillion for Ant shares

4 years ago
Anonymous $RGO3jP_V_c

https://www.reuters.com/article/us-ant-group-ipo-explainer/explainer-how-mom-and-pop-investors-stumped-up-a-record-3-trillion-for-ant-shares-idUSKBN27I0JD

Retail investors bid for a record $3 trillion worth of shares in Ant Group Co Ltd's dual listing, in an unprecedented show of interest from mom-and-pop savers betting on demand for its financial technology services in China.