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Brokers Offer 20 Times Leverage for ?Deal of Decade? Ant IPO


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The New York Times
SOURCE: https://www.bloomberg.com/news/articles/2020-10-15/brokers-offer-20-times-leverage-for-deal-of-the-decade-ant-ipo
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Summary

Hong Kong stockbrokers are so confident Ant Group?s blockbuster IPO will go smoothly that they?re offering to let mom-and-pop investors buy the stock with as much as 20 times leverage.

As said here by Jeanny Yu