Thursday, November 22, 2018

Alibaba again raised price of

Alibaba again raised the price of its IPO

price range
IPO Alibaba Group
Holding Ltd increased to $ 66 - 68.
High interest of investors to the most
this year is expected to debut confirmed.
There is a high probability that it will be
the largest IPO in history.
Alibaba - a company engaged in
e-commerce. Chinese giant
trade turnover exceeds severely
Amazon and eBay together
taken, so he offers to potential
Investors bet on quick
the development of China's economy, at all
increases with the amount of each year
e-commerce, the rapidly
growing Internet sector in Asia
region.


If you start
on top of the price range,
Alibaba will attract as a result of
Almost 22 billion IPO
dollars. It will be a world record -
Alibaba has all chances
outdo the Agricultural
Bank of China, which was rescued in 2010
as a result of the IPO 22,1 billion
dollars.


Let me remind you, before
trading range is indicated in the 60 - 66
dollars per share.


IPO «great
Chinese "it began last week.
Two days later, it was obtained enough
orders to close the books. The sale
shares will be released this week.


Despite
to expand the price range, the number of
issued shares will remain the same -
320.1 million shares.



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