Barclays Or Market Maker For Ali IPO

CNBC financial television quoted the source as saying that Alibaba has identified Barclay as the designated market maker in the US's listing process later this month.

Barclay is currently one of the biggest market makers and professional companies in the New York stock exchange, and is also responsible for the IPO (initial public offering) of Twitter last year.

Besides,

Goldman Sachs will report Wednesday that Goldman will act as a "stable institution" to manage the initial hall pactions of Alibaba.

Analysts predict that

There will be strong demand for Alibaba stock, and the total amount of financing from Alibaba will exceed 16 billion of Facebook in 2012.

This will make Alibaba's market capitalization of 150 billion to 200 billion dollars, becoming one of the highest market capitalization companies in the US stock market.

Related links:

Alibaba has made substantial progress in the US IPO.

According to foreign reports, Alibaba will meet with investors in New York to open a roadshow for about two weeks.

In the updated version of the prospectus submitted to the US Securities Regulatory Commission (SEC) on the morning of September 6th Beijing, the Alibaba first decided that its pricing range was 60~66 USD / share, and it was estimated that Ali was valued at 154 billion 200 million ~1698 billion.

YAHOO will sell 4.9% of the total share capital of Ali, chairman of the board of directors Ma Yun and executive vice chairman of the board of directors Cai Chongxin will sell some of the shares to protect the interests of the old shareholders.

On the basis of the original 27 partners, this time added another 3 people, namely Cai Jingxian of Ali cloud technology team, Ni Xing Jun of the small micro gold group technical team, and Fang Yongxin of the human resources and organizational culture team.

The Alibaba included a targeted share allocation plan in the IPO, which reserved nearly 6% of the shares and allowed its employees and close contacts with the company to subscribe at the offer price, the so-called directed shares program.

It is understood that this employee benefits in the previous Jingdong and micro-blog and other stocks were listed when it was used.

In addition, the new prospectus published an open letter to investors by Ma Yun, the 24 mentioned in the letter "ecosystem".

According to the latest news, Alibaba will finalize the IPO price on the 18 day, and the stock market will be officially traded on the 19 th, but the news has not been officially confirmed by Ali.

The prospectus shows that the Alibaba will issue about 123 million shares of American Depositary Shares (ADS) in the new IPO, and Alibaba group shareholders will offer 197 million shares at the time of IPO, of which Ma will offer 12 million 750 thousand shares, accounting for 0.5% of the total shares of Alibaba group, and Cai Chongxin will also offer 4 million 250 thousand shares.