Alibaba Roadshow Ma Yun Will Cash In $800 Million

Ali will road show until September 18th.

Prior to the morning of September 6th,

The IPO offering price guidance range of $60 to $66 per share was announced, which will raise 24 billion 300 million US dollars to the highest level of IPO financing.

According to the price range, Alibaba's market valuation will be between 154 billion 200 million and 169 billion 800 million dollars, equal to that of the US electricity supplier giant Amazon's 160 billion USD.

According to foreign media reports, after the New York roadshow, Alibaba will also move to other American cities such as Boston, Baltimore, Denver, San Francisco and Losangeles, and then will go to Singapore, London and China Hongkong to launch a roadshow.

Ali roadshow is expected to end in September 18th.

If the roadshow can be successfully concluded, the stock of Alibaba will be priced on that night, and the second day will be listed on the New York stock exchange in September 19th, with the ticker symbol "BABA".

The latest prospectus shows that Ali IPO expects to sell 123 million US depositary shares, while shareholders will sell about 197 million US depositary shares.

YAHOO is the biggest seller of Alibaba shares. It will sell 121 million shares in IPO, worth about $7 billion 600 million, and YAHOO will still hold 16.3% of the company's shares after completion of the sale.

Japan Softbank will not sell shares this time.

If the highest price of the IPO price range is 66 US dollars,

The total value of equity held will exceed 12 billion dollars, and Ma will cash 841 million 500 thousand dollars at IPO, and Ma Yun share will be reduced from 8.8% to 7.8%.

It is worth mentioning that September 10th is Ma Yun's birthday. The newly promoted China's richest man will spend his 50 birthday on the road show.

The Alibaba also announced in September 6th that its partner team had three new partners in the recent elections, namely, Cai Jingxian, from Ali cloud technology team, Ni Xing Jun of the small micro gold group technical team, and Fang Yongxin of human resources and organizational culture team.

The above three were 70.

So far, Alibaba group partner team already has 30 members.

"Friends and relatives" can buy shares ahead of schedule.

Ali plans to take up about 5% of IPO's shares in the "family and friends" share purchase plan.

The market speculates that the scale of the "family and friends" share purchase plan will be around $1 billion.

The "family and friends" share purchase plan allows employees and other relevant personnel to buy shares at IPO price before the stock is publicly traded and earn an appreciation after the listing.

Under normal circumstances, the IPO price is only for institutional investors and a small number of retail investors.

Public information shows that in the Internet boom of about 2000, the family and friends purchase plan became popular in the United States, becoming a way to reward employees, and then gradually reduced.

Sina, micro-blog and Jingdong, which were listed in the US, have adopted such a way.

According to Reuters, retail investors will have the opportunity to purchase 10% to 20% shares in the Alibaba IPO, but most retail investors in the us do not know.

Who, at present, from the feedback of us brokerages, the number of retail enquiries in the US is much lower than that of Facebook and Twitter.

Previously, market analysts valued Alibaba for more than $200 billion, while the final prospectus was lower than expected before the market.

Analysts said the price was mainly designed to please institutional investors to prevent the embarrassment faced by Facebook in the year when pricing was too high.

In 2012, Facebook's IPO failed because of technical problems and high prices, raising only about $16 billion.

There are also institutions that are optimistic about the performance of Ali after listing, and believe that its total market capitalization will exceed $200 billion after listing.