What if Ant Group suspends its listing and wins the lottery?
According to the regulations, after the China Securities Regulatory Commission makes a registration decision and before the issuer's shares are listed, the China Securities Regulatory Commission may require the issuer to suspend or suspend its listing. If the issuer fails to meet the conditions for issuance due to relevant major events, it may cancel its registration. After the cancellation of registration by the China Securities Regulatory Commission, the issuer shall stop issuing shares; If the stock has been issued but not listed, the issuer shall return it to the stock holder at the issue price plus the interest of the bank deposit for the same period.
This provision also means that there is no need to worry too much about new investors who participate in the A-share Ant Group. Ant Group will return the funds to investors and pay interest according to the bank deposit rate for the same period. Investors include strategic investors and retail investors who invest through Alipay. However, investors who invest in H shares will lose a sum of interest on frozen funds. According to the regulations of Hong Kong stocks, the funds subscribed for new shares are non-refundable. Of course, participating in the new fund will still pay off.
In addition, many investors have participated in new investments through the Ant War Fund. For these investors who participate in the new competition through the strategic placement fund, they still have to wait for the end of the closed period. However, the closure period of the five ant war funds in the market is 18 months.