Posted on 21 Oct 2007
An Update: Alibaba May Raise $1.5 Billion
Bloomberg just published a latest update on Alibaba’s IPO, reporting that Alibaba is seeking to raise up nearly to US$1.5 billion in an IPO. This is due to the increased of Alibaba’s per share price at HK$12 to HK$13.50 in Hong Kong, up nearly 20% of the previous IPO price, i.e. HK$10 to HK$12 per [...]
Posted on 06 Oct 2007
Alibaba IPO Approved in Hong Kong
Alibaba, dubbed itself as the “world largest marketplace for global trade” has won the approval to trade on Hong Kong Stock Exchange, the IPO (Initial Public Offering) estimated to approx. $1 billion, according to the report of Reuters. It is very important for an entrepreneurial firm such as Alibaba to go public and raise more [...]
