Ant Group has added stock trading to the Alipay app in Hong Kong, letting users trade Hong Kong and US stocks, ETFs and structured products including warrants and callable contracts. [1]
The service offers zero-commission trading for Hong Kong equities, no custody fees and free real-time market data. Ant said the app now combines trading with payments, savings and fund investments in a single personal finance service. [1]
The rollout comes after Ant Group's wealth-management affiliate, Wealthiness and Prosperity Holding, bought a 50.55% stake in Hong Kong-listed broker Bright Smart Securities in late March for HK$2.81 billion, or US$369 million. [1]
The addition gives Ant a broader foothold in Hong Kong's retail investing market and ties its payments app more closely to brokerage services. [1]
