Ant Group’s bank adds stock trading to Alipay app in Hong Kong
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Ant Bank, the digital banking arm of Ant Group, has launched stock trading services in its AlipayHK app, allowing users to trade Hong Kong and US stocks, ETFs, and structured products. The app offers zero-commission trading for Hong Kong equities and integrates trading with payments and savings for a comprehensive personal finance experience. This move follows Ant Group's acquisition of a controlling stake in Bright Smart Securities, highlighting its strategy to expand into investment services amid growing competition from fintech platforms in Hong Kong's retail brokerage market.
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