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  1. 'Open sesame' brings record debut gains for Alibaba investors

    Posted Nov 07th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Shares of Alibaba.com, the country's largest e-commerce portal, rose more than 192 per cent on the first day of trading, becoming the most successful debut this year. Alibaba closed at HK$39.50 a share on turnover of HK$17.4 billion, making it the most actively traded stock in the market yesterday. Its initial public offering price was HK$13.50. ...

  2. Alibaba faces competition scrutiny in IPO

    Posted Sep 10th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Alibaba.com, whose parent is preparing for a US$1 billion share sale in Hong Kong, will compete with 40 per cent shareholder Yahoo in the online search engine marketing business, raising concerns the group's internal competition may hurt the interests of Alibaba investors, sources said. Alibaba.com is a subsidiary of the mainland's largest e-commerce ...

  3. ICBC, Kerry take stakes in Alibaba.com

    Posted Oct 15th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Industrial and Commercial Bank of China (ICBC), the country's biggest lender, and property developer Kerry Group have agreed to become Alibaba.com's cornerstone ... recently that mainland banks were allowed to buy stocks outside the domestic market through the qualified domestic institutional investors scheme. Sources said the bank would buy Alibaba ...

  4. Cybertraders

    Posted Jul 14th 2007, 12:00am by Sherman So

    ... Sherman So Hong Kong entrepreneurs led the international category of this year's e-Businessmen of the Year award, winning nine of the top 10 places. The award was organised by the e-commerce site Alibaba.com. Most of Hong Kong's e-businessmen came from the services sector, said Porter Erisman (seventh from left), vice-president of corporate affairs of Alibaba.com. ...

  5. Alibaba management shake-up hints at further spin-offs of units

    Posted Dec 26th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Alibaba Group's recent senior management reshuffle may signal that the mainland's biggest e-commerce portal is paving the way to spin off other units after the successful listing of Alibaba.com in October, according to market watchers. They said the group would most likely spin off its auction site, Taobao.com, and online payment network, Alipay.com, once ...

  6. Alibaba tipped for 80pc debut surge

    Posted Nov 06th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Shares of Alibaba.com are expected to surge more than 80 per cent from their initial public offering price on their trading debut today because of strong demand for the stock, analysts said. Cyberquote.com, which tracks the grey-market price of local listings, said Alibaba.com's shares traded at a range of HK$24 to HK$25.30 yesterday, a 77 per cent to 87 ...

  7. Alibaba in sight of HK$13.1b on keen demand

    Posted Oct 30th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Listing candidate Alibaba.com may raise a record HK$13.1 billion after setting its share offer price at the top of the indicative range, with local subscribers and global ... arrangement by selling 858 million shares at HK$13.50 after indicating a HK$12 to HK$13.50 price range. Alibaba.com will raise up to HK$13.1 billion or US$1.69 billion if it exercises ...

  8. Alibaba loses magic as brokers recommend offloading its shares

    Posted Dec 15th 2007, 12:00am by Sherman So

    ... Sherman So Shares of Alibaba.com, the mainland's largest trading website for companies, dropped 9.08 per cent yesterday amid weak market sentiment and unfavourable analyst reports. ... an analyst who did not want to be named. At HK$28.05, Alibaba's closing price yesterday was 29.79 per cent lower than the HK$39.95 at the end of its trading debut on November 6. Goldman Sachs ...

  9. Alibaba lifts HK dollar to three-year high

    Posted Oct 24th 2007, 12:00am by Nevin Nie, Sherman So

    ... Sherman So, Nevin Nie and Wong Ka-chun Strong demand for mainland internet firm's IPO causes flood of margin-loan orders Hot demand for Alibaba.com's shares helped push the Hong ... touched HK$7.75 to the US dollar, the upper limit of the trading band introduced in 2005, partly as investors bought the local currency to invest in Alibaba and other share offers in the city. ...

  10. Alibaba.com to raise US$1b from HK initial public offering

    Posted Jul 31st 2007, 12:00am by Sherman So

    ... Sherman So Alibaba, the mainland's largest e-commerce company, has confirmed its initial public offering in Hong Kong which sources say is worth about US$1 billion. 'We've ... and business development. Alibaba.com, the business-to-business unit of Hangzhou-based Alibaba Group, has filed the listing application with the Hong Kong stock exchange and may be listed by the end ...




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