The biggest IPO in the world

On September 6, 2014, Alibaba Group has finally submit updates to the US Securities and Exchange Commission (SEC) said the group will be listed on the price of $ 60 per American depositary receipts to $ 66, which will hit US the largest-ever IPO market trading by market capitalization.

List documents show that Alibaba Group will raise $ 24.3 billion of funds through the IPO transaction. According to the median price range of computing, its market value will be about $ 155 billion. According to data provider Dialogic statistics show, this will make it the largest IPO transactions calculated, Visa, General Motors, Facebook and a number of large Chinese listed companies to shame.

On September 19, 2014, Alibaba Group’s IPO (initial public offering) price determined as $ 68 a share, which is the previous price range limit, the deal will hit worldwide largest IPO transactions One. Alibaba Group tonight officially listed for trading on the NYSE under the ticker symbol BABA.


On September 20, 2014, Alibaba listed on the New York Stock Exchange, the first day to close at $ 93.89, higher than the issue price of 38.07% to the closing price, the market capitalization of $ 230 billion break. 500,000 yuan from startups to market capitalization of around $ 230 billion, Alibaba took 15 years.