{"id":45,"date":"2014-09-25T22:35:00","date_gmt":"2014-09-26T05:35:00","guid":{"rendered":"https:\/\/blogs.ubc.ca\/passer\/?p=45"},"modified":"2014-11-10T23:01:20","modified_gmt":"2014-11-11T06:01:20","slug":"alibaba-prices-worlds-biggest-ipo-seeks-to-raise-21-8-billion","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/passer\/?p=45","title":{"rendered":"Alibaba Prices World&#8217;s Biggest IPO"},"content":{"rendered":"<p class=\"ember-view\">Alibaba, the most well-known e-commerce giant in China recently <span style=\"color: #424858;\">raised almost $22 billion in an IPO(Initial Public Offering Price)\u00a0that will make the Chinese e-commerce brand one of the most valuable companies in the world.<\/span><\/p>\n<p class=\"ember-view\">Alibaba was expected to price within a range of $66 to $68. And it finally got a price of\u00a0<span style=\"color: #424858;\">$68 per share\u2014at the top of the expected range.<\/span><\/p>\n<p class=\"ember-view\">As a listed company, Alibaba&#8217;s offshore corporate structure gives no voting rights to shareholders. However, this is an issue for long-term holders. Regardless of this issue, however, I am wondering how Alibaba stole the show when it firstly step on the stage of the US stock market.<\/p>\n<p class=\"ember-view\">A few reasons are as follows.<\/p>\n<p class=\"ember-view\">1. Alibaba is regarded as a\u00a0mysterious company because it is somehow impossible for people to get some important numbers or data illustrating the scale and growth of the company. Since it was not a listed company, those financial statements cannot be easily found online. So all the thing investors are able to take into account is the growth and the possibility of being more successful.<\/p>\n<div class=\"group-container\" style=\"color: #424858;\">\n<div class=\"embed-container cnbcvideo\">2. As mentioned in some analysis, Alibaba is a pure play on the most coveted part of the Chinese market: the consumer.<\/div>\n<\/div>\n<div class=\"group-container\" style=\"color: #424858;\">\n<div class=\"group\">\n<p>Alibaba emphasizes the interaction with consumers instead the management or selling of commodities. Thus, the great number of consumers makes sure the growth of Alibaba even the whole e-commerce industry.<\/p>\n<p>3. Asian investors may have played a very significant role in the pricing of the IPO. As known as a giant company in e-commerce in China, those investors having relationship with China will show more willingness to put in market orders.<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<p><em><strong>References:<\/strong><\/em><\/p>\n<p>Alibaba Prices World&#8217;s Biggest IPO, Seeks to Raise $21.8 Billion. (2014, September 18). &lt;http:\/\/www.nbcnews.com\/business\/markets\/alibaba-prices-worlds-biggest-ipo-seeks-raise-21-8-billion-n206721&gt;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alibaba, the most well-known e-commerce giant in China recently raised almost $22 billion in an IPO(Initial Public Offering Price)\u00a0that will make the Chinese e-commerce brand one of the most valuable companies in the world. Alibaba was expected to price within a range of $66 to $68. And it finally got a price of\u00a0$68 per share\u2014at [&hellip;]<\/p>\n","protected":false},"author":26453,"featured_media":46,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-45","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","post-thumb"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/passer\/index.php?rest_route=\/wp\/v2\/posts\/45","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/passer\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/passer\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/passer\/index.php?rest_route=\/wp\/v2\/users\/26453"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/passer\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45"}],"version-history":[{"count":4,"href":"https:\/\/blogs.ubc.ca\/passer\/index.php?rest_route=\/wp\/v2\/posts\/45\/revisions"}],"predecessor-version":[{"id":95,"href":"https:\/\/blogs.ubc.ca\/passer\/index.php?rest_route=\/wp\/v2\/posts\/45\/revisions\/95"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/passer\/index.php?rest_route=\/wp\/v2\/media\/46"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/passer\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/passer\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/passer\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}