Alibaba’s Hong Kong IPO will be partially priced at hk $188 for retail investors

According to the statement of alibaba group, alibaba group has launched its initial public offering in Hong Kong, and plans to list on the main board of the Hong Kong stock exchange under the stock code 9988. Alibaba will sell 500m shares, with 12.5m available to retail investors. The retail portion of the offering will be priced at hk $188 a share. The international offering, which is likely to be priced above the highest price for the Hong Kong retail portion, will be set by November 20.

In a letter to investors, alibaba group chairman and CEO Daniel zhang said, "when alibaba first went public in 2014, it was a pity to miss Hong Kong. Hong Kong is one of the world's most important financial centres. Over the past few years, Hong Kong's capital markets have undergone many significant and encouraging reforms. At a time of great social changes in Hong Kong, we still believe in the bright future of Hong Kong. We hope to contribute to the future of Hong Kong."


阿里巴巴香港IPO 面向散户部分定价将不超过188港元

       新浪美股11月15日讯 根据阿里巴巴公司声明,阿里巴巴集团启动香港首次公开发行,计划在香港联交所主板上市,股票代码为9988。阿里巴巴将发行5亿股股票,面向散户部分为1250万股。面向散户部分的发行定价将不超过每股188港元。国际部分的发行价格可能高于香港散户部分最高发行价,阿里将在11月20日前确定国际发行价。


Alibaba’s Hong Kong IPO will be partially priced at hk $188 for retail investors插图


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