(Reuters) – Alibaba Group Holding Ltd is planning to increase the size of its initial public offering due to strong investor demand, Bloomberg reported, citing people with knowledge of the matter. The Chinese e-commerce company plans to increase the top end of the price range to above $70 and plans to announce the new price […]
Alibaba Group Holding Ltd could have sold nearly $2 billion worth of stock without lifting a finger. All it had to do was list its shares on Nasdaq. The other said Nasdaq executives believed that Alibaba decided that the possibility of a botched IPO, however small, outweighed the possible benefits of being in the index.
(Reuters) – Stock index provider MSCI Inc is considering changing its rules that could allow shares of Alibaba Group Holding Ltd [IPO-BABA.N] and other companies that list their shares in markets away from their home base to be included in its widely used indexes. Under MSCI’s rules, a company cannot be included in its popular […]
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