Specialist traders work at the post that trades Alibaba Group Holding during the company's initial public offering in New York Stock Exchange in 2014. Photo: Reuters Specialist traders work at the post that trades Alibaba Group Holding during the company's initial public offering in New York Stock Exchange in 2014. Photo: Reuters
Specialist traders work at the post that trades Alibaba Group Holding during the company's initial public offering in New York Stock Exchange in 2014. Photo: Reuters

IPO

Business /  Companies

Alibaba’s mega IPO attracts 200,000 retail applications, including one bid for HK$1.1 billion worth of shares

  • The number of applications ranks among the highest in the city’s IPO history, but trails bids in MTR Corp, ICBC and LinkREIT retail offerings
  • Retail investors are assured of getting one lot for every five they applied for, sources say

Topic |   IPO
Enoch YiuPeggy Sito
Enoch Yiu and Peggy Sito

Updated: 11:11pm, 22 Nov, 2019

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Specialist traders work at the post that trades Alibaba Group Holding during the company's initial public offering in New York Stock Exchange in 2014. Photo: Reuters Specialist traders work at the post that trades Alibaba Group Holding during the company's initial public offering in New York Stock Exchange in 2014. Photo: Reuters
Specialist traders work at the post that trades Alibaba Group Holding during the company's initial public offering in New York Stock Exchange in 2014. Photo: Reuters
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