ALIBABA

Results of the IPO ALIBABA BABA +3500$ | company share chart

Alibaba stock chart BABA ticker on the day of the IPO As usual, it took a long time to open the stock on the day of the IPO, this is already a tradition on the stock exchange. Originally posted on 60-68$, but on the opening day, placement prices skyrocketed to 92-93 a couple of minutes before the start of trading. We have already decided with many traders in prop, what is placed too high and most likely it will be very dangerous to buy. I had to trade a small volume. Transactions were made at the Takion terminal and there were no problems with execution, in parallel looked at the e-signal charts and the Fusion terminal just in case.

IPO: ALIBABA GROUP $BABA

Jack Ma creator and CEO of the Alibaba Group was born in 1964 year in the Chinese province of Zhejiang, Hangzhou city. As a teenager, he gave tours to all interested tourists for free, thereby improving your knowledge of English. After graduating from university in 1988 year, Ma became an English teacher. His knowledge was so high., that he opened his own translation agency and started working with American companies, doing business in China. IN 1995, he went to the United States as an interpreter, where he contacted his Chinese friend, who at that time lived in Seattle. There he saw for the first time in his life a personal computer with access to the Internet.. Fascinated by what he saw, Ma asked his friend to help him create a website for a translation agency., after which almost immediately began to receive emails with offers of cooperation.

ALIBABA CHALLENGES BANKERS: WHO WILL GET THE MONEY FROM IPO?

Bankers in a stupor: who will get more money from the sale of Alibaba shares? The fact, that a Chinese company is registered in the Cayman Islands, and the listing will be carried out in the US markets. For a long time, all the media have been trumpeting about, that the IPO of Alibaba Group Holding should be the largest in history, and now bankers spontaneously create big problems for themselves: how do they keep shares, as soon as they start trading? While, how all major IPOs were carried out rigidly and clearly, there are some specific hurdles in the public offering of an e-commerce company.

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