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

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

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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