Tech

Alibaba CEO Jack Ma

Investors salivate over Alibaba IPO

Marketwatch reports, “Alibaba IPO seen sucking money out of Hong Kong stocks”. Reuters states, “Alibaba boosts IPO as demand strengthens”. The Wall Street Journal claims, “Alibaba IPO Is a Bonanza for Select Firms”. These headlines appear to be no exaggeration. On Monday Alibaba raised its IPO range to $66 – $68 per share reflecting the strong demand for t... »

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