Ant Financial

Hi this company is potentially going IPO in October. Can this please be added from day one as it’s pre IPO is looking very promising. The company is owned by AliBaba and they use Fintech technology for payment methods. They are widely used in China as the number one form of payment as we’re increasingly moving away from cash.

Thanks

The listing is currently planned for Hong Kong and so, without an ADR, it would not be available for inclusion on Freetrade.

What is β€œADR”?

American depositary receipt. A tradeable bundle of shares basically.