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Alibaba Said to Plan Boosting IPO Price Amid Heavy Interest - Bloomberg At
$70, Alibaba’s sale would raise $22.4 billion, surpassing Agricultural
Bank of China Ltd.’s $22.1 billion offering in 2010 as the biggest ever.
Alibaba’s decision came even as billionaire founder Jack Ma told
prospective investors today at Hong Kong’s Ritz-Carlton hotel he won’t
price the IPO too aggressively, according to two people who attended the
meeting. Ma said the company tried to fairly price the November 2007
sale of its business-to-business marketplace Alibaba.com Ltd., which
almost tripled on its Hong Kong debut, the people said.http://www.bloomberg.com/news/2014-09-15/alibaba-said-to-plan-boosting-ipo-amid-heavy-investor-interest.html?utm_source=The+Sinocism+China+Newsletter&utm_campaign=a50b249e75-The_Sinocism_China_Newsletter_09_15_14&utm_medium=email&utm_term=0_171f237867-a50b249e75-29615013&mc_cid=a50b249e75&mc_eid=5935182a65
Related: Chinese Gripe at Being Left Out of Alibaba’s IPO - Bloomberg “I’m
a little confused about why you can’t invest in a Chinese company if
you’re Chinese,” said Zhou, clad in gray shorts as she passes time in
front of the digital stock ticker at a local branch of Guotai Junan
Securities Co. in Shanghai. Though Chinese consumers have driven
Alibaba’s financial success, they’ll largely be left out of the
company’s stock offering. Mainland investors can’t purchase overseas
equities directly due to government restrictions and only the wealthiest
can buy them indirectly through qualified investor programs.http://www.bloomberg.com/news/2014-09-14/chinese-gripe-at-being-left-out-of-alibaba-s-21-billion-ipo.html?utm_source=The+Sinocism+China+Newsletter&utm_campaign=a50b249e75-The_Sinocism_China_Newsletter_09_15_14&utm_medium=email&utm_term=0_171f237867-a50b249e75-29615013&mc_cid=a50b249e75&mc_eid=5935182a65
Related: 中国互联网公司出走海外
Related: Alibaba Asia Roadshow Begins; Jack Ma Says Company to Expand Aggressively in U.S. - WSJ Alibaba
Group Holding Ltd. plans to expand aggressively in the U.S. and
European markets following its listing, its executive chairman said
Monday // While US Internet giants are effectively blocked
from the China market...don't be surprised to start seeing the big US
firms begin to make real noise on Capitol Hill. I think some have held
off in hopes that they still had a shot in China http://online.wsj.com/articles/alibaba-asia-roadshow-begins-jack-ma-says-company-to-expand-aggressively-in-u-s-1410765839?utm_source=The+Sinocism+China+Newsletter&utm_campaign=a50b249e75-The_Sinocism_China_Newsletter_09_15_14&utm_medium=email&utm_term=0_171f237867-a50b249e75-29615013&mc_cid=a50b249e75&mc_eid=5935182a65
Alibaba's Link to Elite Military Family Is Etched in Stone - NYTimes.com Carved
in an ancestral tablet that records the living as well as the dead is
the name of Zhang Zhen, the family patriarch, who turns 100 next month
and was one of the highest-ranking generals in the People’s Liberation
Army. Below are his sons. One of them has the job of making sure the
soldiers controlling China’s nuclear weapons stay loyal to the Communist
Party. Another, Zhang Lianyang, was a general before venturing into
business and is listed along with his wife, Chen Xiaoying. The couple
appears elsewhere together: on the corporate rolls of Citic 21CN, the
telemarketing and pharmaceutical data business now controlled by the
Chinese e-commerce giant Alibaba Group and Yunfeng Capital, a private
equity company owned in part by Alibaba’s chairman, Jack Ma. Ms. Chen is
Citic 21CN’s executive vice chairwoman, and Mr. Zhang was a director
through April. http://dealbook.nytimes.com/2014/09/14/alibabas-link-to-elite-military-family-is-etched-in-stone/?_php=true&_type=blogs&_php=true&_type=blogs&smid=tw-dealbook&seid=auto&_r=1&utm_source=The+Sinocism+China+Newsletter&utm_campaign=a50b249e75-The_Sinocism_China_Newsletter_09_15_14&utm_medium=email&utm_term=0_171f237867-a50b249e75-29615013&mc_cid=a50b249e75&mc_eid=5935182a65&
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