According to South China Morning Post, Ant Bank, Ant Group’s digital bank in Hong Kong, has added stock trading to AlipayHK. The feature allows users to buy Hong Kong and US shares, ETFs, warrants, and callable contracts through the app’s wealth section with zero commission on Hong Kong stocks and no custody fees.
The launch follows Ant’s March purchase of a 50.55% stake in Hong Kong-listed Bright Smart Securities for HK$2.81 billion (US$358 million) through its wealth management affiliate, Wealthiness and Prosperity Holding.
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