• Sat
  • Dec 20, 2014
  • Updated: 6:24pm

New York Stock Exchange

Alibaba in talks with London bourse after Hong Kong snub

Jack Ma, chairman of Alibaba, and his team are talking with the London Stock Exchange. Photo: Reuters

Alibaba, China's No 1 e-commerce firm, is considering a London listing as part of its potential US$15 billion share-sale plan.

Tuesday, 22 October, 2013, 5:34pm

Alibaba's plans for US$15b listing in Hong Kong in doubt

Alibaba's plans for US$15b listing in Hong Kong in doubt

Alibaba chairman Jack Ma’s manoeuvring to keep management control of the company he founded has  derailed plans for a possible US$15 billion listing of the firm’s shares in Hong Kong this year.

16 Aug 2013 - 9:02am

Control issue clouds Alibaba's Hong Kong IPO

Jack Ma Yun, Chairman of Alibaba group. Photo: Xinhua

Prospects for a Hong Kong listing this year for Chinese internet giant Alibaba have dimmed dramatically in the wake of disclosures by investment bankers that the mainland's No1 e-commerce firm is wrestling with how to keep management control after shares are sold to the public.

16 Aug 2013 - 7:31am

First signs of normality emerge after storm Sandy

New York City Mayor Michael Bloomberg visits the floor of the New York Stock Exchange on Wednesday, on the first day of trading. Photo: EPA

Two airports and Wall Street reopened yesterday, bringing the first signs of normality back to storm-battered New York, as US President Barack Obama headed on a politically charged inspection of spectacular damage in neighbouring New Jersey.

1 Nov 2012 - 7:21am

Who picks the best leaders? China or the West?

Weathering well

It was no great surprise when the motion "China Picks Better Leaders than the West" was resoundingly defeated at the Intelligence Squared debate on Monday night. Initially, 14 per cent of the audience supported the motion, 45 per cent were against and 45 per cent were undecided.

31 Oct 2012 - 2:30am

Sandy revolt leads to New York Stock Exchange closure

The floor of the New York Stock Exchange empty of traders on Monday, Oct. 29. Photo: AP

At 6.30pm on Sunday night, with Hurricane Sandy bearing down on the US east coast, New York Stock Exchange operator NYSE Euronext had more immediate problems - a revolt from the trading firms that are its lifeblood.

31 Oct 2012 - 3:45am

New York Stock Exchange suspends physical trade Monday

The New York Stock Exchange

The New York Stock Exchange will only trade electronically on Monday due to the imminent arrival of Hurricane Sandy, its operator said.

NYSE Euronext has decided to “suspend physical trading floor operations and invoke its contingency plans to trade all NYSE-listed securities on NYSE Arca, the company’s fully electronic exchange,” a statement said.

29 Oct 2012 - 7:22am

New York bourse bounces back

For the first time in two years, the New York Stock Exchange (NYSE) is the leader among global exchanges in terms of the amount raised in initial public offerings (IPO).

Analysts say the main reason is confidence in the United States economy and a willingness by the corporate sector to take risks.

12 Apr 2011 - 12:00am

NYSE set to list on Shanghai exchange

The New York Stock Exchange may become the first foreign company to sell shares on the mainland A-share market, Caijing said, citing unnamed officials at the China Securities Regulatory Commission.

15 Apr 2008 - 12:00am

NYSE eases rules to lure mainland listing applicants

Exchange plays catch-up with Nasdaq

The New York Stock Exchange, the largest equity exchange in the world, has been lowering its listing requirements to attract companies in Greater China away from its rival the Nasdaq stock exchange, bankers said.

11 Jun 2007 - 12:00am

Corrections & clarifications

The story headlined 'Alliance shift hits Melco shares' in Wednesday's business section should have said that VendingData is listed on the American Stock Exchange, not the New York Stock Exchange.

16 Feb 2007 - 12:00am

NYSE chief suggests reciprocal move possible in wake of demutualisation

The stock exchange may want to consider listing in New York to strengthen the partnership between it and the New York Stock Exchange, according to NYSE chief executive Richard Grasso.

'It would be a wonderful opportunity for the stock exchange to list on the New York Stock Exchange' as the move would further broaden its investor base, Mr Grasso said yesterday in Hong Kong.

21 Oct 1999 - 12:00am

Dow Jones to loiter near 9,000

The prevailing sentiment in Wall Street is that the Dow Jones Industrial Average is likely to stay in a fairly tight trading range around 9,000 points for the foreseeable future.

This is despite the strong conclusion to last week's trading that drove the Dow up 167.15 points to 9,037.71, its second largest point gain of the year.

8 Jun 1998 - 12:00am

New York goes all out to keep its exchange

The 95-year-old New York Stock Exchange at the corner of Broad and Wall streets symbolises the driving force of US capitalism. It is also the heart of Manhattan's booming financial centre.

So plans to transplant the exchange to another location are stirring deep emotions.

8 Jun 1998 - 12:00am

Trading names on the NY exchange

LOOK at your portfolio of New York stocks. Do you own any shares in Glow Worm, Mad Dog, Slob, Winkie or Cha-Cha? You may well do without knowing it.

Brokers on the floor of the New York Stock Exchange (NYSE) have developed a language of their own which helps, in part, to break up the monotony of a working day which starts at 9 am and finishes at three or even 4 pm.

24 Jul 1994 - 12:00am

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