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    Ali Determines The Size Or Innovation Of IPO In The US

    2014/3/18 23:31:00 62

    AliJingdongMa YunAssets

    < p > Hongkong or the United States? The most concern is "a href=" http://www.91se91.com/news/index_c.asp "Ali" /a.

    < /p >


    < p > yesterday, the Alibaba announced that it had launched the listing, and the initial public offering (IPO) was in the US.

    The scale of its first offer or over 18 billion US dollars is likely to become the largest IPO in the us so far.

    < /p >


    < p > reporter calculated according to the current shareholding structure of Ali, if the listing is successful, Ma Yun's personal assets can reach up to 69 billion 800 million yuan.

    < /p >


    < p > < strong > Event < /strong > < /p >.


    < p > < strong > Ali decided to go to the us a href= "http://www.91se91.com/news/index_s.asp" > IPO < /a > scale or innovation high < /strong > /p >


    < p > yesterday, Alibaba announced that "Alibaba today decided to start listing in the United States, in order to make the company more pparent and international, and further realize the long-term vision and vision of Alibaba."

    < /p >


    < p > earlier, it was reported that Alibaba intends to go to Hong Kong to be listed. However, because the partnership system of Alibaba is not in line with the principle of "one vote and one vote" advocated by the Hongkong regulatory authorities, the two sides have negotiated for many times but failed. The industry believes that this is the direct reason why Ali chose to list in the US.

    The code for IPO is named "Avatar" (Afanda).

    < /p >


    < p > Ali did not mention in the announcement which exchange will be listed. There are market speculations that the NASDAQ and NYSE have registered system for IPO and can accept the partner system, so Ali is more likely to sign up in the two markets.

    It is expected that the prospectus will be submitted this week.

    < /p >


    "P", Ali also said, "the future conditions permit, we will actively participate in the return of the domestic capital market, and domestic investors share the growth of the company."

    This means that Alibaba is likely to return to the A share market in the future.

    < /p >


    < p > capital market is generally optimistic about listing Ali.

    Reuters reported that it was expected that Alibaba IPO financing would be as high as $15 billion, with a market value of about $80 billion to $100 billion.

    The UK also reported that the market value of Alibaba was about $120 billion, and IPO could raise more than Visa's record of $18 billion, making it the largest IPO in the US.

    < /p >


    < p > < strong > analysis < /strong > < /p >.


    < p > < strong > go to the United States is the best choice to fight with Jingdong speed < /strong > /p >


    < p > Ali B2B business was privatized in 2012. According to the share repurchase agreement signed by Ali and YAHOO, Ali has the right to buy 1/2 of YAHOO's 24% stake at the occasion of IPO, but the premise of the repurchase is Ali needs to complete the listing before the end of 2015, so as to continue to repurchase YAHOO's shareholding.

    As a result, the time point is considered to be the "deadline" for Ali listing.

    < /p >


    < p > industry analysts believe that if Jingdong submitted the IPO application to the United States and Tencent shares Jingdong, if Alibaba did not push forward the substantive IPO process, it would miss the best time to market.

    < /p >


    < p > for the capital market, IPO, the two main business similar companies, will focus on the choice of similar stocks when they invest in the stock market.

    A listed company will be under pressure.

    But Ali and Jingdong have a big difference in body size. Ali's net profit in the three quarter of last year was US $792 million, and Jingdong's net profit in the first three quarters of last year was US $10 million.

    < /p >


    < p > > a href= "http://www.91se91.com/news/index_s.asp" > Jingdong < /a > formally submitted IPO application to the United States in January 30th this year. However, due to Tencent's investment procedures for Jingdong trading, Jingdong needs to revise the form and resubmit it.

    The industry believes that if Ali submitted the prospectus this week, it means that two IPO have entered the countdown, and Ali is still one step ahead.

    This will divert the attention of the market to smaller people.

    < /p >


    < p > < strong > < /strong > > /p >


    < p > < strong > if it is successfully listed, Ma Yun assets will reach 69 billion 800 million < /strong > < /p >


    < p > for the market value of Ali after listing, the market is expected to be between 80 billion and 153 billion dollars.

    According to Bloomberg news, Bloomberg 10 analysts expect Ali to be valued at $153 billion, and the market sales rate is about 23 times.

    < /p >


    < p > previously, Hu Runceng, founder of Hurun rich list, said publicly that after the listing of Alibaba, Ma Yun's assets reached about 40000000000 yuan, which is very close to the top five of China's rich. There will be room for further growth in the future.

    < /p >


    < p > according to the 2014 Hurun global rich list, Li Jiacheng in Greater China maintained the position of Asia's richest with 200 billion yuan in wealth. Wang Jianlin ranked second in the Greater China region with fortune 150 billion yuan, Ma Huateng ranked eighth with his family's 84 billion yuan, Ma Yun ranked twenty-eighth with 42 billion 500 million yuan.

    < /p >


    < p > if the listing is successful, law evening reporter, according to the current shareholding structure of Ali, according to the market value estimate after listing, Ma Yun's personal assets are still hard to "shake" the status of Wang Jianlin, China's richest man, but Ma Yun will enter the top 9 in the Greater China region, ranking behind Ma Huateng.

    < /p >


    < p > < strong > according to post market < /strong > /p >


    < p > < strong > market capitalization 100 billion US dollar estimate < /strong > /p >


    < p > < strong > Ma Yun's personal assets: < /strong > < /p >


    < p > $100 billion, 7.4%=74 billion, < /p >


    < p > (45 billion 600 million yuan) < /p >


    < p > < strong > according to post market < /strong > /p >


    < p > < strong > market capitalization 153 billion US dollar estimate < /strong > /p >


    < p > < strong > > a href= "http://www.91se91.com" > Ma Yun < /a > personal assets: < /strong > /p >


    < p > (69 billion 800 million yuan) < /p >

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