Welcome to WebmasterWorld Guest from 54.166.46.226

Forum Moderators: bill

Message Too Old, No Replies

Alibaba.com to unveil listing to investors

hello world says Alibaba

   
8:09 am on Oct 22, 2007 (gmt 0)

10+ Year Member



Chinese online trading firm, Alibaba.com, was Monday set to give retail investors details of its Hong Kong listing, in what is expected to be the largest Internet IPO ever by a mainland firm.

for some reason the Indiana Jones and the Temple of Doom quote popped in my head: "Alibaba will rule the world!". lol

article [news.yahoo.com]

4:04 am on Nov 6, 2007 (gmt 0)

10+ Year Member



Alibaba was listed in Hongkong Stock Exchange Market today!
1:48 am on Nov 7, 2007 (gmt 0)

WebmasterWorld Administrator bill is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



Alibaba Shares Triple in Hong Kong Trading Debut [bloomberg.com]

Nov. 6 -- Alibaba.com Ltd., operator of China's largest online trading site for companies, almost tripled on its first day after an initial public offering in Hong Kong, making the stock four times more expensive than Google Inc. relative to earnings.

The Chinese company's shares closed at HK$39.50 from their HK$13.50 offer price. That gives Hangzhou-based Alibaba a market value of $25.7 billion, closing in on Yahoo Japan Corp. as Asia's biggest Internet company.