字号·· | 护眼
日经

菲律宾数字钱包GCash母公司Mynt在马尼拉上市Mynt, Philippine digital wallet GCash parent, goes public in Manila

点「原文对照」整页切到原文,或双击某段只看那段的原文。

Mynt的上市是菲律宾证券交易所今年首个IPO,为市场带来了令人欣喜的提振。(摄影:中村由纪)Mynt’s listing, the first for the Philippine Stock Exchange this year, is bringing a welcome jolt to the market. (Photo by Yuki Nakamura)

马尼拉讯——金融科技公司Mynt,即热门数字钱包GCash的母公司,周二在菲律宾证券交易所上市,创下该国最大规模首次公开募股(IPO)纪录,募资609亿比索(约9.65亿美元)。

MANILA -- Fintech company Mynt, the parent of popular digital wallet GCash, listed on the Philippine Stock Exchange on Tuesday, marking the largest initial public offering in the country at 60.9 billion pesos ($965 million).

Mynt以股票代码GCASH交易,最终发行价定为每股6.60菲律宾比索,低于其招股说明书草案中设定的10比索价格上限。尽管定价有所调整,但全球和本地机构需求强劲,基石配售部分获认购倍数达数倍。

Trading under the ticker symbol GCASH, Mynt finalized its offering price at 6.60 Philippine pesos per share, lower than the initial 10 pesos price ceiling set in its preliminary prospectus. Despite the pricing change, strong global and domestic institutional demand left the cornerstone tranche oversubscribed by several times.

首日交易开盘价为6.6比索,最高曾升至6.76比索,一度上涨2.4%。

On the first day, trading opened at 6.6 pesos and rose as high as 6.76 pesos, up 2.4 percent at one point.

“今天,Mynt上市,市值达4415亿比索,约合70亿美元。根据昨日收盘价,它成为PSE第七大本土公司,进一步巩固了其作为金融科技巨头的地位,”菲律宾证券交易所总裁拉蒙·蒙松(Ramon Monzon)周二早上在上市仪式上表示。

"Today, Mynt debuts with a market capitalization of 441.5 billion pesos, or about $7 billion. Based on yesterday's closing prices, it becomes the seventh largest domestic company in the PSE, further cementing its position as a fintech powerhouse," Ramon Monzon, Philippine Stock Exchange president, said at the listing event on Tuesday morning.

对于出席当地交易所交易大厅见证Mynt上市的菲律宾总统费迪南德·马科斯(Ferdinand Marcos Jr)来说,上市时机“意义重大,因为我们的股市需要重新激发投资者兴趣并扩大参与度。”“我们认识到,投资者已变得更加谨慎,吸引新资本仍是一项挑战。但Mynt的首次公开募股让我们有理由保持乐观,”马科斯表示。

For Philippine President Ferdinand Marcos Jr, who was present at the trading floor of the local bourse for Mynt's market debut, the timing of the listing was "meaningful, as our stock market needs renewed investor interest and broader participation." "We recognize that investors have become more cautious and that attracting fresh capital remains a challenge. But Mynt's initial public offering gives us reason for optimism," Marcos said.

该次发行共计80.3亿股,包括16.1亿股首次发行股份和64.2亿股由出售股东持有的次级股份。

As it is, the offering consists of 8.03 billion shares, comprising 1.61 billion primary shares and 6.42 billion secondary shares held by selling shareholders.

如果12亿股次级股份的超额配售期权被全面行使,总募资额将达到609亿比索,正式成为菲律宾历史上最大的IPO,超越食品巨头蒙德妮森(Monde Nissin)2021年559亿比索的上市规模。

If the overallotment option of 1.2 billion secondary shares is fully exercised, total proceeds will reach 60.9 billion pesos, officially making it the largest IPO in Philippine history, surpassing food giant Monde Nissin's 55.9 billion pesos debut in 2021.

当地报道指出,经纪公司表示Mynt的IPO吸引了强劲需求,有的称其股份配额被认购超过100%。

Local reports noted brokerages have indicated Mynt's IPO attracted strong demand, with some saying their share quota was more than 100% oversubscribed.

市场观察人士耐心等待数字钱包何时上市,因为GCash在新冠疫情期间已成为家喻户晓的名字,当时菲律宾人被迫转向无现金支付。

Market observers patiently waited when the digital wallet would list, as GCash already became a household name during the COVID-19 pandemic when Filipinos were forced to go cashless.

Mynt的上市是今年该交易所的首只新股,将推动菲律宾市场行动起来,而该市场一直受交易量疲软和流动性有限的影响。

Mynt's listing, the first for the stock exchange this year, will jolt the Philippine market into action, which has suffered from sluggish trading volumes and modest liquidity.

这一重磅上市吸引了顶尖国际机构投资者,包括贝莱德、T. Rowe Price、拉扎德资产管理公司和国际金融公司,此外还有战略锚定投资者蚂蚁国际、三菱UFJ金融集团、华尔街柏克利和环球电信。

The blockbuster listing drew premier international institutional investors, including BlackRock, T. Rowe Price, Lazard Asset Management, and the International Finance Corporation, alongside strategic anchors Ant International, Mitsubishi UFJ Financial Group, Warburg Pincus, and Globe Telecom.

三菱商事在2025年4月与阿雅拉的AC Ventures达成协议后,持有Mynt 6.5%的股份。Mynt还得到阿里巴巴蚂蚁集团和MUFG银行等机构的支持。

Mitsubishi Corp. owns 6.5% of Mynt's shares after hammering out a deal with Ayala's AC Ventures in April 2025. Mynt is backed by among others Alibaba's Ant Group and MUFG Bank.

与该地区许多科技公司不同,Mynt在上市时就具备强劲的盈利能力。2025年,公司报告净利润为172亿比索,收入为798亿比索。分析师认为,Mynt的市场首秀对菲律宾证券交易所是有利的。

Unlike many tech companies around the region, Mynt has gone public with robust profitability. In 2025, the company reported net income of 17.2 billion pesos, with a revenue of 79.8 billion pesos. Analysts view the market debut as beneficial for the Philippine Stock Exchange.

“全球和本地投资者都在密切关注,”马尼拉本土证券公司Mercantile Securities的交易员杰夫·西说,他指出,如果Mynt的首日表现“将是积极的”,那么其上市将激发兴趣。

"Global and local investors are watching closely," said Jeff See, a trader at Manila-based Mercantile Securities, noting that Mynt's debut will generate interest if it "will be positive."

他补充道:“只要他们能为投资者赚钱,”“可以肯定的是,本地市场将再次迎来活力。”首次发行的所得将用于扩大其贷款业务、支持技术基础设施升级以及为数百万海外菲律宾工人提供服务的跨境支付业务扩张融资。

"As long as they make money for the investors," he added. "For sure there will be traction again for the local market." Proceeds from the primary issuance will fund the expansion of their lending business, support technology infrastructure upgrades and finance cross-border payments expansion to cater to millions of overseas Filipino workers.

GCash 于 2004 年由电信巨头环球电信(Globe Telecom)推出,最初是一项面向无银行账户菲律宾人的基于短信的汇款服务。2015 年成立 Mynt 以容纳环球电信的金融科技业务,随后在 2017 年与蚂蚁集团达成关键合作伙伴关系,GCash 此后转型为以智能手机为先的移动钱包平台。

GCash was launched in 2004 by telecommunications giant Globe Telecom as a text messaging-based money transfer service targeted at unbanked Filipinos. Following the creation of Mynt in 2015 to house Globe's fintech ventures and a pivotal 2017 partnership with Ant Group, GCash has since transformed into a smartphone-first mobile wallet platform.

GCash 表示,其已拥有超过 9400 万注册账户,约 4100 万月活跃用户,占全国人口的近三分之一。

GCash said it has over 94 million registered accounts and roughly 41 million monthly active users, representing nearly a third of the nation's population.

该应用已从基本转账和账单支付发展为一个综合金融生态系统,提供小额贷款、数字储蓄、保险、股票交易和国际汇款服务。其广泛的商户网络覆盖全国超过 600 万微型企业主、街头小贩和主要商业零售商。

The app has evolved beyond basic transfers and bill payments into a comprehensive financial ecosystem offering microlending, digital savings, insurance, stock trading and international remittances. Its widespread merchant network covers more than 6 million microentrepreneurs, street vendors and major commercial retailers nationwide.

阅读媒体原文 ↗