阿里巴巴大幅上调股票价格区间

2014-09-24 18:00:56来源:可可英语

  Alibaba’s executive chairman Jack Ma emphasisedhis company’s global ambitions as he pitched one ofthe world’s largest ever stock sales to hundreds offund managers gathered in Hong Kong.

  Speaking to a packed ballroom in the Ritz-Carltonhotel yesterday, Mr Ma urged investors to seeAlibaba as a technology company first and foremost,according to people in attendance, one that just“happens to be in China”.

  He pointed to the growth of the business outside itshome market, such as in Russia, where it has risento become the number one ecommerce site by monthly users.

  Mr Ma’s sales presentation came amid further speculation that the Chinese ecommercecompany was set to increase the price range of its New York initial public offering.

  Any increase would bring Alibaba a step closer to becoming the largest stock market listing inhistory.

  The company’s bankers were yesterday discussing the possibility of raising the price range forthe share sale above its initial upper limit of $66 per share, according to people familiar withthe situation.

  Any upward move on pricing would increase the likelihood that Alibaba outstrips the currentIPO record holder Agricultural Bank of China, which raised $22bn from its Hong Kong listing in2010.

  Even without any change Alibaba should still surpass Visa and Facebook as the largest USlisting in history.

  Based on the midpoint of the current price range, the company will raise about $21bn,although a possible overallotment, the so-called greenshoe, would take the proposed deal sizeto $24.3bn.

  Alibaba had originally sought a Hong Kong IPO, but failed to find a management structure thatwould meet the city’s listing rules.

  Speaking to reporters ahead yesterday’s investor lunch, Mr Ma said that he respected HongKong’s decision not to bend the rules in order to win the Alibaba float.

  Though there are some lingering concerns among investors about Alibaba’s corporatestructure, the roadshow appears to have been generally well received so far.

  One hedge fund manager who watched Mr Ma’s pitch in Hong Kong described it as a “goodpresentation” from a “great sales person”.

  Bankers running the IPO have already decided to close the order books early, having receivedstrong interest from investors.

  Alibaba is in the final few days of investor meetings ahead of its long-awaited trading debutthis week. The company began meeting fund managers in New York last week, before taking inBoston, Los Angeles and San Francisco.

  在投资者对中国电商公司阿里巴巴(Alibaba)展现了浓厚的兴趣之后,阿里巴巴大幅上调了它计划本周五在纽约首次公开发行(IPO)的股票价格区间。

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