Price below 188 Last week, Alibaba set a cap on Hong Kong dollars, which still stands at $ 12.9 billion. This makes Alibaba by far the largest public offer of the year.
"Secondary listings are an art form, not an exact science," said Jeffrey Halley, senior market analyst for the Asia-Pacific region of Oanda.
Alibaba wants to make sure the listing in Hong Kong arouses great interest. "I am 1
The company declined to comment. The return of Alibaba is about pleasing China and buying trade war insurance. The Return of Alibaba is about Plunging China and Buying Trade War Insurance] Alibaba stopped private investor orders half a day ahead of schedule after demand for secondary listing turned out stronger than expected.
Founded by billionaire entrepreneur Jack Ma, the company raised $ 25 billion in an initial public offering on New York Stock Exchange that shook records as the largest IPO in history.
In the secondary listing, eight Hong Kong shares will equal one of New York-listed Alibaba shares The company said in a US regulatory filing last week.  The listing will be by AB InBev
IPO of the Asian business in Hong Kong at the beginning of this year by approximately 5 billion Surpass USD. () Debut of $ 8.1 billion in New York, the largest ever this year. It could also cement the status of the Hong Kong Stock Exchange as the largest public offer venue this year.
Alibaba is expected to record shares on November 26.