Ma Yun Responded To Softbank'S Decline In Favor Of Ants In Hongkong.

According to information, Alibaba founder and chairman of the board of directors, Ma Yun, said that the ants were allowed to list in Hongkong.

Ma Yun received a media interview after speaking at Macao university 6 days ago.

When asked if Alipay's parent company ant suit will come to Hongkong, he replied, "very much hope".

The Alibaba is receiving enquiries from the sec.

There was a reporter who asked about the cause and related progress. He asked if he would consider listing in the United States and consider going back to Hongkong.

He stressed that he had never thought of cancelling the listing in the United States.

Such an investigation is no longer normal, because the market has misunderstood China and is now a good opportunity to understand China.

Ma Yun also said he had always been concerned about Hongkong and hoped for more opportunities.

But we know that the regulatory authorities in Hongkong are adjusting.

In addition, Alibaba has many listed companies in Hongkong, including Ali pictures and Ali health.

At the beginning of January this year, an insider was quoted as saying that the ant gold suit will be planned as fast as IPO within the year.

The ant gold suit was first established in 2004 in 2004. It was formally established in October 2014.

As early as July 2015, the first round of financing was completed by ant gold clothing. Publicly available data showed that the first round of financing amounted to 12 billion yuan. Ant gold clothing sold 12.4% of its shares to 8 strategic investors including the national social security fund, the state open finance and the large domestic insurance companies. At that time, the market value was estimated at $45 billion.

In mid April, foreign media quoted an insider as saying that ant gold clothing will be listed on the main board of Shanghai this year. Its valuation has become the highest IPO valuation in China since the IPO of Agricultural Bank of China in 2010.

Ants also claim that if approved by regulators, ant gold suits will be listed in Shanghai and Hong Kong.

However, as the Shanghai strategic emerging board schedule has been postponed indefinitely, coupled with the downturn in domestic capital markets, the IPO of ants in the short term is somewhat misty.

Analysis of investment bankers, ant gold clothing has been profitable for three consecutive years, in line with the conditions listed on the main board.

However, the insider did not disclose how much valuation of the ant suit would be listed, and how much it would prepare for financing.

At the end of April, ant gold clothing announced the completion of the B round of financing, financing $4 billion 500 million, the world's largest Internet private sector financing, the company valued at $60 billion.

Ant gold clothing has become the core asset of the Ma Yun empire. It is also the most imaginative core business of Alibaba in the future.

Investment bank online believes that the valuation of traditional financial stocks in Hongkong capital market is generally not high, and many bank stocks are net assets discount in pactions.

Listing on A shares will be much more valuable than ant listing in Hongkong.

A private internet financial company valued at more than $60 billion will need to consider regulatory policies, valuations and the affordability of the entire market if it is listed on A shares. At the same time, it also needs to consider the national conditions and development stages of China's capital market.

Secondly, according to the current queues of A shares, it will take at least a few years.

Although the valuation of the A share market is higher than that of Hongkong, taking into account the scale of financing, the affordability of the market, the regulatory policy and queuing time, perhaps this is the important reason why Ma Yun "favours ants to be listed in Hongkong".

However, the investment bank noted online that Ma Yun holdings's ant finance is also the largest shareholder of Hang Seng electronics, a listed company that is the largest stock trading system in China. Last year, the China Securities Regulatory Commission punished Hangzhou Hengsheng Network Technology Service Co., Ltd., a subsidiary of Hang Seng electronics.

Hang Seng electronics plays an important role in the financial technology FinTech. In the field of financial IT services, Hang Seng electronics provides the IT trading system products for the major fund companies, brokerages and so on. The Hang Seng electronics provides the core application system of most Chinese fund companies such as post office trading, settlement and investment, and the security software operating system that is close to half the market share.

No domestic securities company's IT Department has strong research and development capability of Hengsheng electronics, which is perhaps a platform valued by ants.

Ant finance is the fastest growing financial platform in China.

The biggest advantage and competitiveness of ant gold clothing lies in the establishment of financial infrastructure and big data system. The focus of future development is to consolidate the foundation, which includes how to make effective credit description for enterprises.

The big data of ant suit is relatively closed at present. In the future, it is necessary to cultivate the ability of big data application in the system, pplant the understanding ability of small and medium-sized enterprises to other systems, upgrade the network business services from the system to the whole social service, and become an open platform.

"No Internet Co in China has such a large scale and influence, so once it is listed, its value will increase greatly."

"Many potential small investors are users of ants' gold clothing," said Li Muzhi, an analyst at Arete Research Services LLP, a market research firm in Hongkong.

The investment bank has noticed online that the biggest competitor of ant gold suit is Lu Jin of Ping An banner. After media reports, Lu Jin also considered listing on the Hongkong stock exchange. There were no other options for listing A shares in China.

In July 2015, ant gold clothing completed A round of financing, raising about $1 billion 830 million, valued at over $45 billion.

According to media reports, a total of 8 institutions were introduced in the current round of financing, of which the national social security fund held the highest shareholding ratio of 5%, while the state investment finance and four insurance companies invested about 900 million yuan, accounting for 0.5% of each household. Besides, they also included two PE institutions, namely Chunhua fund and Shanghai Jinpu Industrial Fund.

In April 2016, ant gold clothing completed B round of financing, raising $4 billion 500 million, the overall valuation of $60 billion (about 394 billion 240 million yuan).

The B round of investment is still dominated by "national team", including a number of insurance companies including A round investors, China Life Insurance, China Post Group (postal savings bank parent company), and Guo Kai finance.

From the analysis of the first two rounds of financing of the ant's gold suit, the investment bank thinks that the ant gold suit is mainly in line with the stock reform. The introduction of the "national team" can avoid the "Alipay incident" happening again five years ago. Secondly, the resistance of the business has become smaller, and Ma Yun no longer needs the worry that "China's five big banks are going to kill me". The third point is, more importantly, the ant gold suit with the "national team" background, and the probability of listing A shares will be much larger.

In the public view, there is no reason for anyone to say, "don't let Li Jiacheng run away," shouting "don't let Ma run away."

Ant gold service Empire business plate

For domestic media reports

It is possible to open up payment channels to the UnionPay.

Said,

Has been working with the UnionPay cooperation, the other side is responsible for offline business, while Alibaba is dominated by online business.

He also said that he was also aware of the matter from the media and did not know where the media came from.

When asked about the reduction of major shareholder Softbank, Ma Yun replied that his relationship with Softbank founder Sun Zhengyi had not changed, and he still had a call on the other side.

He also said that as Softbank can solve its own financial problems by reducing Ali shares, Alibaba can be proud of its shareholders' profits and be happy to see that the other party's investment is rewarded. It is said, "if the investment can not be realized and there is no return, what is it going to do?"